JULY 13, 2009 -- The deadline for filing a formal appeal to your reassessment notice was at the end of business Monday (July 13, 2008). Appeals had to be filed with the Jackson County Board of Equalization no later than 5:00 p.m.
The BOE will accept appeals with an official U.S. Postal Service postmark dated July 13, 2009.
Missouri Revised Statutes Section 137.275 require an appeal to the BOE to be filed on or before the second Monday in July (July 13 this year). An appeal to the BOE may result in an increase, a decrease or no change in the assessed valuation.
If you disagree with the BOE's decision you have the right to file an appeal with the Missouri State Tax Commission. The STC appeal must be filed in writing no later than September 30, 2009 or 30 days after the Board of Equalization’s decision, whichever is later. (The forms for a State Tax Commission appeal can be obtained from the BOE Staff immediately following your hearing). Before the Missouri State Tax Commission will accept and hear an appeal to it, State guidelines requires that an appeal must have first been filed through the County BOE.
If you do not appear at your scheduled BOE hearing, the Board will value your property based upon the evidence presented. In advance, please inform the Board of Equalization by written request of any conflicting dates during the months of July and August.
Appeals to the Board of Equalization must deal with the question of market value rather than the amount of taxes. Actual taxes due are not set by the BOE but determined by a calculation using the levy set by the individual taxing jurisdictions.
As an appealing taxpayer, you should bring supporting documentation to your hearing in order to justify any requested change in market value. Formal appraisals or sales contracts are the most persuasive evidence. Supporting documentation would also include data such as accounting records, balance sheets, income and expense statements for a three (3) year period, schedules of property, and CPA statements attesting to quantity, description and value of property, if applicable.
Please be aware that the County Assessment Department has the right to recommend an increase in valuation, as well as you having the right to request a decrease in valuation.
The BOE is charged with determining the fair market value of your property on January 1, 2009. Important documents, which may be persuasive to the BOE, include:
- Appraisals by certified appraisers (not real estate agent's opinions)
- Recent sales of the property or a sales contract
- Sales of comparable homes in the vicinity of the property being appealed
- Improvements made or needed, with estimates or costs