Snyder Announces Completion of Level 3 Certification and Approval of 2013 Ratio Study

Porter-CountyPorter County Assessor Jon Snyder announced that his office has received final approval from the Indiana Department of Local Government Finance for the county’s 2013 assessed value ratio study, marking the beginning of the 2013 pay 2014 property tax billing cycle. Approval comes a full twenty-three days earlier than in the previous year.

We continue to improve operations and efficiency in the Assessor’s Office, doing more with less,” Snyder said. “Taxpayers in Porter County can rest assured that the county will once again achieve on time billing.”

Every year, the county assessor is required to annually review assessed values by comparing them to market sales information and adjust them if necessary. Assessments must then meet state-mandated statistical tests for fairness, equity, and uniformity among townships and property classes.

Ratio study approval is the first major step towards on-time billing in 2014. The next step, the rolling of gross assessed values from the assessor to the county auditor, must be completed by July 1, 2013. The study itself provides an early glimpse into property assessments for Porter County taxpayers.

Snyder also announced today that he has completed the certification process to become a Level III Certified Indiana Assessor/Appraiser. He now joins four other employees in the office to achieve this designation. Snyder said “we believe in the importance of education so that our employees can not only provide excellent taxpayer service, but also provide technically reliable information.” He becomes the first County Assessor in the region to achieve this designation.

To receive more information and updates from the Porter County Assessor’s office, visit www.portercountyassessor.com or www.facebook.com/PorterCountyAssessor.