What is equalized value?

The equalized value is the current property tax assessment divided by the director’s ratio. For example if a tax assessment is 450,000 and the ratio is 80% the equalized ratio is $562,500.

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1. How can I get my taxes reduced?
2. What is equalized value?
3. Where can I file an appeal?
4. What do I need to file a tax appeal?
5. Where does my property tax money go?