Who sets the value of properties in a municipality?

The tax assessor is the official responsible for determining the value of properties within a municipality. This role involves evaluating the worth of each property based on various factors, including its location, size, and condition, as well as considering recent sales of comparable properties. By assessing property values, the tax assessor ensures that property taxes are levied equitably based on the assessed value of the properties.

Additionally, the tax assessor's determinations are essential for the municipality's budget and financial planning, as they directly impact the amount of revenue generated through property taxes. The calculated property values are further used to inform the community about the local government's financial needs and contribute to public services and infrastructure development.

While the municipal council and the mayor play significant roles in the governance of the municipality, they do not possess the specialized expertise necessary for property valuation that the tax assessor has. The governor's authority generally extends to state-level matters and does not involve the assessment of local property values. Thus, the tax assessor’s unique role is pivotal in establishing a fair and responsible property tax assessment process within the municipality.