Assessed Valuation
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A Assessed Valuation is a valuation of a real estate or other property by a government unit as the accounting basis for a Tax Levy.
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- Counter-Example(s):
- See: Ad Valorem, Full And Fair Cash Value, Financial Assessment, Financial Valuation, Homestead Exemption, Valuation Multiples, Finance Glossary.
References
2016a
- (City Council of Barnstable, 2016b) ⇒ Town of Barnstable. (2016). “Town of Barnstable Adopted Operating Budget - 2017."
- QUOTE: Assessed valuation: A value assigned to real estate or other property by a government as the basis for levying taxes. In Massachusetts, assessed valuation is based on the property's full and fair cash value as set by the Assessors. (See Ad Valorem; Full And Fair Cash Value).
2016b
- (City Council of Cambridge, 2016b) ⇒ City Council of Cambridge, MA. (2016). “Annual Budget 2016-2017 Adopted by the City Council, Cambridge, Massachusetts."
- QUOTE: ASSESSED VALUATION. A valuation set upon real or personal property by the City’s Board of Assessors as a basis for levying taxes.
2008
- (MA DoR, 2008) ⇒ Massachussets DoR. (2008). “Municipal Finance Glossary.” Massachussets Department of Revenue - Division of Local Services
- QUOTE: Assessed Valuation – A value assigned to real estate or other property by a government as the basis for levying taxes. In Massachusetts, assessed valuation is based on the property's full and fair cash value as set by the Assessors. (See Ad Valorem; Full And Fair Cash Value)