What is a "Property Tax Tribunal"?

A "Property Tax Tribunal" serves as an independent entity specifically designed to address and resolve disputes related to property tax assessments. This tribunal allows property owners to appeal their property tax valuations, ensuring that there is a platform for taxpayers to challenge the assessed values assigned by local tax assessors. These disputes often arise from disagreements over property classifications, assessment methodologies, or changes in property values due to factors such as improvements or market fluctuations.

The tribunal plays a crucial role in ensuring fairness and transparency in the assessment process, protecting property owners’ rights, and maintaining the integrity of the property tax system. Unlike a committee that sets tax rates or a court for general legal disputes, the tribunal's focus is solely on matters of property assessment. Additionally, it does not engage in the collection of taxes; rather, it adjudicates specific cases brought before it, making decisions based on evidence and relevant law.