By which date should informal hearings be completed?

The completion of informal hearings is crucial in the property tax assessment process, where property owners can present their case regarding their property assessments. The correct date for the completion of these hearings is established as December 15th. This deadline allows assessors to resolve any issues and disputes raised by property owners in a timely manner, ensuring that the final tax rolls are accurate and that property taxes are assessed fairly.

This time frame is important because it aligns with the necessary processes for finalizing property values before tax bills are prepared for the upcoming tax year. Completing informal hearings by this date gives assessors the opportunity to address concerns and make any necessary adjustments to property assessments before they are set in stone for the new tax cycle. Thus, meeting this deadline is essential for maintaining transparency and fairness in the tax assessment process.