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Rankin County assessor explains property-value increases and process to challenge assessments
Summary
Tax assessor Stacy McNinch discussed petitions for 24 change-of-assessment requests and reiterated that state law requires periodic revaluation; staff said homeowners can appeal and that mortgage companies may adjust escrow accounts.
Stacy McNinch, Rankin County tax assessor, presented petitions for change of assessment related to 24 parcels and described how reassessments are handled under state law.
McNinch said the office cannot spread an increase over two years and that homeowners who believe their assessment is incorrect may present documentation to the assessor for review. "If someone has an issue or disputes their value and they can present us with something that proves we are incorrect, we can take a look at it and and issue a request to you guys," McNinch said.
A county official and other board members discussed the broader context: rising market values have increased assessed values in many areas, and the board has chosen not to raise the millage rate. One board member noted that some homeowners may not receive tax bills directly because mortgage companies receive them and may require additional escrow payments when assessments rise.
McNinch asked residents to contact the assessor's office for explanations; board members said the assessor's staff has been handling calls and in-person visits and that most constituents are satisfied after explanation. No board member action to change the assessed values was recorded in the provided excerpt; the minutes show the board voted to approve the minutes and consent agenda earlier in the meeting.
