The Hamilton County Assessor of Property
sets an appraised value on each parcel of land located in Hamilton County
and any improvements on it for assessment purposes except for public
utility and railroad property whose value is determined by the
Office of State Assessed Properties.
The Assessor's office also determines
the value of the tangible personal property of businesses.
The office hears property owner appeals relative to the value the office
has set on their real and personal property. If the appeal cannot be resolved
to the satisfaction of the property owner, appeals may be filed with the
Hamilton County Board of Equalization.
Assessments provide the basis for determining the amount of real and personal
property tax the property owner must pay; however, other offices and entities
substantially influence the amount of tax the property owner ultimately
pays. The county or city legislative body determines the tax rate.