Why is reassessment required?
Under Missouri's Constitution, all assessments for property tax purposes must be based upon market value and be uniform within the same subclass of property. Over time, the value of property may change due to many possible factors (e.g., location, inflation, market conditions). Some values change more rapidly than others. Reassessment is the process by which property values are equalized, ensuring uniformity in property values and making sure the taxpayer is being taxed fairly and being taxed the same as owners of other comparable property.

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1. How often do you reassess property?
2. Who makes the decision to reassess my property?
3. Why is reassessment required?
4. What is market value?
5. What is the difference between market value and assessed value?
6. Do all property values change during reassessment?
7. How can my property value increase if I have done nothing to it?
8. What if I disagree with my assessment?
9. Why do my taxes increase?
10. How does reassessment affect my taxes?
11. Is all property taxed at the same rate?
12. Where do you get your car values?
13. Why is there a penalty for turning in a late assessment list?