| Why Property Is Reassessed | across all properties in the jurisdiction. By now you see |
| Each Year. | the assessor cannot ignore the DOR’s Study without any |
| page 2 of 2 | impact to assessments. The difference is how it impacts |
| Table of Contents | the property in a jurisdiction. |
| The last important point to make is what takes place when |
| it is not a Quadrennial Year. Other than a Quad Year if |
| only a township equalization factor is applied at the |
| county level a property owner will not receive a |
| reassessment notice. There will only be a legal notice |
| printed once in the paper stating the township |
| equalization factor. An owner will not see the assessment |
| change until they receive the tax bill. When the assessor |
| makes all the changes at the township level, all owner’s |
| impacted will receive a notice. This gives them an |
| opportunity to appeal if they think the estimate of Market |
| Value is not correct well in advance of the tax bill. This is |
| Table of Contents | why Manhattan Twp. Receives Change of Assessment |
| page 2 of 2 | Notices each year. |