This paper provides a general overview of assessed value cap limits and their potential impact on the property tax burden.
This paper was developed for informational purposes only and does not necessarily represent a policy position of the International Association of Assessing Officers (IAAO). This paper is not an IAAO standard. it was prepared for the benefit of assessment professionals and was approved for distribution by the IAAO Executive Board on January 23, 2010.
International Association of Assessing Officers Research Committee (2010). Assessed value cap overview. Journal of Property Tax Assessment & Administration, 7(1), 57-67. Retrieved from https://researchexchange.iaao.org/jptaa/vol7/iss1/4