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EQUALIZATION UPDATE
The first phase of the equalization project was completed in January 2016. All properties in
Gray have been visited and the buildings measured. Interior inspections were made where
property
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What is equalization update?
Equalization update is the process of adjusting assessed property values to ensure fairness and equity in property tax assessments.
Who is required to file equalization update?
Property owners or their authorized representatives are required to file equalization update with the appropriate government agency.
How to fill out equalization update?
Equalization update forms can typically be obtained from the taxing authority and should be completed with accurate property information.
What is the purpose of equalization update?
The purpose of equalization update is to ensure that property values are assessed fairly and consistently across all properties.
What information must be reported on equalization update?
Equalization update forms typically require information such as property address, owner details, current assessed value, and any relevant changes.
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