2023 Property Assessment | The Blue Diamond Gallery by Nick Youngson
2023 Property Assessment | The Blue Diamond Gallery by Nick Youngson
From March 7, 2023 post.
The City and Borough of Juneau sent 2023 property assessment notices to Juneau property owners on Friday, March 3.
A CBJ property assessment is the Assessor’s determination of the fair market value of your property as of January 1, 2023. 2023 assessments reflect a continued steep increase in residential property values, alongside a more moderate increase in commercial property values.
Read more about how and why values have changed over the last year here: bit.ly/3ZoWCBr.
Why do CBJ assessments matter? Your property taxes are calculated by multiplying your assessed value with the millage rate, so it is important that your assessed value is accurate. Until the Juneau Assembly finishes next year’s city budget and sets the property tax rate in June, no one knows exactly what their individual property tax bill will look like. The Assembly has the authority to reduce or increase the mill rate, or keep it flat.
If you think your property was inaccurately assessed, you must file a petition for review by Thursday, April 3, 2023 at 4:30 p.m. You can download the form online at bit.ly/3SPFkeh.
If you have questions or concerns about your valuation, please contact the Assessor Office at (907) 586-5215 or Assessor.Office@juneau.org for assistance.
**Please note that the online Assessor’s Database is currently in the process of being updated and parcels may not reflect 2023 values. Updates are anticipated to be complete by end of day Monday, March 6.
Original source can be found here.
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