When is the Omitted Assessment list typically filed?

The Omitted Assessment list is typically filed on October 1st. This timing is significant in the property tax calendar, as it falls right before the major tax deadlines and obligations for the municipalities. The Omitted Assessment list serves to identify properties that were not assessed or properly valued during the previous assessment cycle, ensuring that all taxable properties are accounted for and that tax revenues can be correctly generated.

The October 1st date allows municipalities to prepare for adjustments in their tax bases before the end of the tax year, facilitating a more accurate distribution of the tax burden among property owners. Understanding this date is crucial for tax assessors and municipal officials to ensure compliance with state regulations and to maintain equitable taxation practices.