Tennessee Board of Equalization approves 2025 appraisal ratios and reappraisal plans

The State Board of Equalization in Tennessee made significant strides in property assessment during its recent meeting on April 14, 2025. The board approved several key items that will impact property evaluations and compliance across the state.

One of the most notable decisions was the recognition of eight individuals who achieved the prestigious Tennessee Master Assessor certification. This certification represents the highest level of accomplishment in the assessment certification education program. The board expressed its appreciation for these individuals' dedication and hard work, highlighting the importance of professional development in property assessment.

In addition, the board reviewed and approved reappraisal plans from 17 counties for the upcoming tax year. Notably, Blount and Hardeman counties requested amendments to their reappraisal cycles, shifting from four and five years to three and four years, respectively. This change will allow for more frequent property evaluations, ensuring that assessments remain current and reflective of market conditions.

The board also approved annual plans for tangible personal property audits from all 95 counties, ensuring compliance with state regulations. These audits are crucial for maintaining accurate property records and ensuring fair taxation.

Furthermore, the board reviewed the 2024 tax aggregate report, which compiles essential data on property assessments across the state. This report is vital for understanding property values and trends, aiding in future planning and policy-making.

Lastly, the board certified appraisal ratios for 38 counties, ensuring that property assessments align with market values. This certification is part of the board's ongoing commitment to uphold fair and equitable property taxation in Tennessee.

These decisions reflect the board's dedication to maintaining accurate property assessments and supporting the professional growth of assessors, ultimately benefiting Tennessee residents through fair taxation practices.