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Property appraiser reports big taxable-value growth; office asks for staff, flags median-sale trend
Summary
Marion County Property Appraiser Jimmy (Tom) Cowan reported a 12.51% preliminary increase in taxable value for 2025, including roughly $1.9 billion attributable to new construction; appraiser's office seeks a modest budget increase and offered to provide periodic deed and median-sale trend reports to the commission.
Tom (Jimmy) Cowan, Marion County property appraiser, told commissioners the 2025 preliminary assessment roll showed a marked increase in taxable value and that his office submitted the roll early to the Department of Revenue.
Cowan said Marion County's preliminary taxable value exceeded $38,000,000,000, a 12.51% increase from the prior year, with about $1,900,000,000 of the increase attributed to new construction. Cowan said he submitted the office's proposed FY2025-26 budget to the Department of Revenue as required by statute 195.087 and received provisional approval noting slight reductions tied to…
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