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Property Reappraisal <br /> <br />HoF~h '¢a~°~.n~ <br /> <br />Property Reappraisal <br /> <br />Cabarms County Tax Administration <br /> <br />I/2/2003 <br /> <br />To appraise real property at market Value <br />To re-equalize the tax base <br /> <br /> - Personal property is assessed annually at market value <br /> <br /> - Real property is assessed every four years <br /> <br /> - Creates an imbalance that worsens over time <br /> - Real estate values change over time, but not uniformly <br /> across the county <br /> <br />1/2/2003 <br /> <br /> <br />