JACKSON, Wyo. — Teton County property owners will begin receiving their 2020 Property Tax Assessment notices this week.
Due to physical distancing efforts, the Teton County Assessor’s Office will not hold in-person meetings and asks that all questions regarding the 2020 assessment be submitted by email or by telephone at (307) 733-4960.
While the Assessor’s Office will do its absolute best to ensure prompt service, they are asking for the public’s patience due to a reduced staff and resources.
The 2020 assessment notices reflect property values as of January 1, 2020, which are developed using sales information collected during calendar year 2019. The Assessor’s Office is required to value property using the replacement cost new, subtracting depreciation, and then trending for sales.
As in 2017 and 2018, many residents will see an increase of their property value this year due to local market conditions. It is important to understand that the 2020 assessment reflects a value as of January 1, 2020, therefore they are unaffected by the COVID-19 pandemic.
The “Total Valuation used to Calculate Tax” on the 2020 assessment should represent the approximate fair market value of your property as of January 1, 2020. If homeowners believe that the total valuation is inaccurate, they must contact the assessor’s office by 5 p.m., Wednesday, May 13.
Anyone who has been receiving the Veteran’s Exemption but it is not shown in the lower right-hand corner of the Notice of Value, is asked to please contact the assessor’s office by May 25 so that it can be applied.
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