(Bannock County Assessor’s Office Newsletter, November 9, 2023)
Hi everyone! It seems like a long time since I have done a newsletter. The month of October got away from me, and November is starting out the same as October ended…very busy.
I want to catch you up on a few things we are doing here in the Assessor’s Office. November is really the start of the busy season for us. We’re getting ready for the New Year by getting our occupancies and subsequent rolls ready to go.
The occupancy roll is any new home that was built and moved into after January 1st. We prorate the amount of the home for the months that it was lived in, and then we send out occupancy notices just for the portion of the year that you lived in your home. You also can come in and complete a Homeowners Exemption form for that new home, which will reduce your taxable value by $125,000. This year, we started a new practice of sending letters out to those who have brand new homes that will be on our occupancy roll to remind them to do the Homeowner’s Exemption.
The subsequent roll, or “sub roll,” is created when we find an improvement to the property, such as a newly added home or outbuilding, that did not get on the regular roll in June. We have the right to put it on for the entire year, and just like the occupancy roll, you will receive an assessment notice in January. There will be a time frame that you can come in, just like in June, and talk about your assessment if you do not agree with the value. The taxes on these parcels are usually due sometime in February.
We are also looking at getting ready to send out our personal property declarations, which will be coming out in January. I will talk about those more next month.
We are continuing to work on our five-year plan and the new assessment year. So, between all this and the holidays coming upon us, it has been very busy, so I apologize that I haven’t had a newsletter for the last month and a 1/2, but I will try to do better.
I love fall. As I’m sure I’ve said before, it is my favorite time of year. I hope you have all enjoyed the beautiful colors and the beautiful change in seasons.
Have a happy Thanksgiving!
Bannock County Assessor