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Assessor Finalizes Property Values For 18-19 Cycle

May 2, 2019

Matt Daugherty, Assessor of Stone County, has completed the reassessment of real estate for the 2018-2019 assessment years. Notices have been mailed to owners whose property has increased in value. If a property’s value has decreased or remained the same, no notice is required.


The assessor’s duty by law is to base assessments on market value. Schools and political subdivisions are responsible for setting levies. The impact of the reassessment cannot be determined until those levies are set in September.


Matt Daugherty said, “The law requires assessments to be updated. Failing to do so jeopardizes the fairness of the assessment process and state funding to local schools.”


Property owners who feel there is an error in their assessment or believe it does not reflect the market value of their property may set up an appointment to discuss the assessment with the assessor or his staff. Property owners should be prepared to present substantial evidence supporting what they believe to be the market value of their property.


“I realize most people have an impression of what their property is worth, but my staff and I must base our assessments on data such as the current cost of construction and sales of comparable properties,” Daugherty said. “While errors are possible, we are confident that the time we have invested in the process has resulted in assessments which reflect market value.”


If, after meeting with the assessor, the property owner is not in agreement with the assessment, an appeal may be lodged with the county board of equalization. The property owner should contact the county clerk regarding necessary forms and deadlines for such an appeal. If, after a decision of the board, the property owner is still dissatisfied with the assessment, the appeal may be filed with the State Tax Commission and thereafter to the circuit court.


Senior citizens and disabled persons with limited incomes may qualify for a property tax credit or refund from the Missouri Department of Revenue. This program is administered by the state and information can be obtained by calling (573) 751-3505 or 1-800-877-6881.

All content copyright Stone County Publishing Co. Inc.
The Stone County Republican/Crane Chronicle
P.O. Box 401, Crane, Missouri 65633
Phone: 417-723-5248      Fax: 417-723-8490
  • Home
  • Inside This Week's Issue
    • Child nearly drowns in James River near Galena
    • Local businesses destroyed in overnight Buttonwood Center fire
    • Man sentenced in Billy Mack Walker murder case
    • Former garment factory building on the north side of Crane is for sale
    • Man sentenced for charges involving high speed pursuit
    • Kimberling City officer takes home crown at first responder pageant
    • Weekly Stock Market Insights
    • Crane woman seriously injured in motorcycle crash
    • Local students named to Missouri State University’s spring 2022 dean’s list
  • This Week's Issue
  • Archive
  • Our History
  • Place Ad
  • Contact Us
    • Contact Form
  • Subscribe
  • Stock Market Insights