Assessment Schedule

January 1

Statutory Date of Assessment. Assessor makes all property assessments as of this date. (TCA 67-5-2101)

No Later than February 1

Assessor furnishes owners and lessees of business personal property with a tangible personal property schedule. (TCA 67-5-902, 67-5-903)

February 28

Last day to pay preceding year’s taxes without interest. (TCA 7-5-2010(a)(1))

• Assessor provides mobile home park owners with schedule to list all mobile homes located in the park as of January 1st. (TCA 67-5-802)

• All business tangible personal property schedules must be returned to Assessor’s office. (TCA 67-5-903)

• Delinquency date for the preceding year’s taxes. (TCA 67-5-2010(a)(1))

• Last day to request a reasonable cause hearing before the State Board of Equalization (SBOE). The board shall accept such appeal from the taxpayer up to March 1 of the year subsequent to the year in which the time for appeal to the state board began to run. 67-5-1412(e)
• Correction of assessments pursuant to this section must be requested by the taxpayer, or initiated by the assessor, prior to March1, no more than the second year following the tax year for which the correction is to be made. An assessor shall correct an error in coding, entry, or transcription of data, if documentation clearly establishes that an error occured and that the error affected the property’s value as of the assessment date. The assessor shall also correct errors in the ownership, location, or physical description of the property. An assessor may not revisit, as a correction of error, matters requiring an application of the assessor’s judgement, such as the quality of fit or finish in a structure, the degree to which location or depreciation affects property value, or the degree of comparability of a property to others in the relevant market. Errors or omissions do not include clerical mistakes made by the taxpayer in a Personal Property Schedule. (TCA 67-5-509(d) & (f)(1))

March 15

Greenbelt applications must be returned to Assessor to enroll property for the current tax year. (new enrollments and recertification) (TCA 67-5-1005)

April 1

Mobile Home Forms should be returned by this date.

April 15

• Record a copy of the tax maps with the register of deeds. (TCA 67-5-806(b)(1))
• Target date for data entry to the state CAMA system for assessment rolls and change notices.

May 1

Certify tax maps to the Division of Property Assessments

May 20

• Prior to May 20th the assessor must make the assessment records available to the public. Notice shall be printed in a newspaper of general circulation referencing the day that the County Board will convene and the last day that appeals will be accepted. (TCA 67-5-504(b) and 67-5-508(a)(1) & (3))
• Deadline to apply for exemptions. (TCA 67-5-212(b)(3))

June 1

Assessor turns over books to County Board of Equalization and the board commences its session. (TCA 67-5-304, 67-5-404)

July 1

• Tax rate for the county should be set. (budget adopted by July 1) (TCA 5-9-404(b)(1) and 67-5-510)
• The assessor must furnish to each owner of land that is used as a mobile home park, a schedule of assessed value for each mobile home by this date. (TCA 67-5-802(b)(2))

July 31

Target date for data entry to the state CAMA system for tax billing documents.

August 1

General deadline for appeals to the SBOE is August 1 or within forty-five days of the date that the notice of the County Board action was sent, whichever is later. (TCA 67-5-1412(e))

September 1

• Last day to file an amended Personal Property Schedule for the previous tax year.) (TCA 67-5-903(e))
• Last day to certify a back assessment or reassessment for the previous tax year; unless the omission or underassessment resulted from failure to file a Personal Property Schedule, actual fraud or fraudulent misrepresentation, or collusion. (TCA 67-1-1005(a))
• Last date of proration period. (real and personal) (TCA 67-5-603 and 67-5-606)

First Monday in October

Current year’s taxes become due and payable on the first Monday in October (TCA 67-1-701(a) and 67-1-702(a))