Though notices to property owners won’t be going out until the dead of winter, the fiscal year for Washington County begins January 1st and this will be the final year that the County budgets based on 1981 property values with a pre-determined ratio less than 100% of market value.
That means when values go out, appeals are heard, etc., etc. this time next year the County will be budgeting on values much more recent and will have to adjust millage rates to comply with state law. Municipalities and school districts will likewise have to make adjustments.
One thing does not appear to be in the works–a millage hike prior to the reassessed values going into effect, a la Allegheny County in late 2011.
