Property tax valuations in mail Monday

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Maricopa residents will find out how much the county thinks their homes are worth – and how much property tax they will have to pay – early next week.
 
Valuations for the 2012 tax year will be mailed on Monday, Feb. 28 to all individuals who own property in Pinal County. Valuations are set through formula prescribed by state statute. The formula has a lagging indicator, meaning that the formula factors in sales of property in 2009 through June 2010. 
 
In general, the valuation most property owners receive will reflect a decline in value over prior years. It is not necessarily a reflection of the value of your property is at this moment in time in 2011.
 
If you do not receive a valuation notice, you can check to see that the Pinal County Assessor’s Office has your current address. You can look up your property online using Parcel Search at pinalcountyaz.gov/Departments/Assessor. If you have moved, you can submit a change of address at the same Web address.
 
If you feel your valuation or property classification is erroneous, you can call 520-866-6361 or 888-431-1311 to request a Petition for Review of Valuation form. There is a 60 day window to file a Petition for Review of Valuation. The appeal deadline is April 29, 2011.