Frequently Asked Questions

The 2027 countywide reassessment is a legally required review of all real property values in Cole County to ensure fairness, accuracy, and equal treatment among comparable properties.

Beginning the work early allows time for inspections, market analysis, and communication with property owners so that values are accurate and no one is surprised when final assessments are set in 2027.

The purpose is equalization—ensuring comparable properties are valued in a fair & equitable manner.

No. This reassessment is routine process to ensure all properties are valued fairly and accurately. The Assessor’s Office does not set tax rates or collect taxes. 

A property’s value may increase if it is not aligned with current market conditions.  The reassessment ensures all properties reflect their actual market value based on comparable sales, ensuring uniformity.

If a property’s assessed value is projected to increase by more than 15% (excluding new construction), Missouri law requires a physical exterior inspection and written notice to the property owner.

Physical exterior inspections take place at some point after 30-days from the date of the Impact Notice

Exterior inspections are required. 

Property owners may request an interior inspection if their value is increasing 15% or more.

Yes. A written notice will be mailed to the last known address on file with the Assessor’s Office, using prior-year ownership and mailing records, as required by Missouri law.

The notice will include:

• An estimated 2027 appraised value

• Information about the required physical inspection

• Instructions for requesting an interior inspection

Property owners are responsible for ensuring their mailing address is current. Notices are sent to the last known address on file.

I Need to Change of Address

Not necessarily. Property value and taxes are not the same.

Tax rates are set by local taxing authorities, including:

• School districts

• Cities

• Fire districts

• Other jurisdictions

The Hancock Amendment is a Missouri constitutional provision that requires taxing authorities to roll back levy rates when assessed values rise significantly.

It prevents taxing districts from receiving a windfall simply because property values increase.

Yes. The Assessor is meeting with school boards and other taxing authorities to explain the reassessment process and reinforce levy rollback requirements.

By ensuring that comparable properties are assessed consistently across neighborhoods, property types, and taxing districts.

No. Equalization is applied countywide.

To ensure fair & equitable market values.

Final assessed values will not be set until early 2027, after all required inspections are completed and the reassessment is finalized in accordance with Missouri law.

Yes. Information regarding informal reviews and appeal rights is as follows: 

Informal Hearing/Appeal From

Fairness. Transparency. Equitable treatment for every property owner.