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Supervisor of Assessments: preliminary sales-ratio study shows smaller EAV gain for 2025
Summary
Supervisor of Assessments staff told the Finance Committee the county’s preliminary sales-ratio study indicates an estimated 7–8% increase in equalized assessed value for the 2025 tax year, lower than the gains seen in prior years.
Connie Clifford, representing the Supervisor of Assessments’ office, told the Finance Committee on April 9 that assessors are submitting books and the department has received the Department of Revenue’s sales‑ratio study. Clifford said the preliminary study suggests a 7%–8% increase in equalized assessed value (EAV) for the 2025 tax year — a rise that is lower than the increases seen in recent years but still an increase over the prior period.
Clifford said the office is beginning the assessment cycle for 2025 and that the department will continue to report updates as the process progresses. The committee thanked Clifford for the information and had no further questions.
