VALUE ADJUSTMENT BOARD

If you think the taxable value shown on your TRIM Notice is not correct, you are encouraged to contact the Okaloosa County Property Appraiser's Office to speak with an appraiser. The appraiser can show you the information that was used to determine your property's value.

It is the responsibility of the Property Appraiser to determine that your property is appraised correctly -- not to keep increasing property value. Our goal is to be fair and accurate using the most current resources and considering those forces which impact property values in your neighborhood.

You should make an appointment to meet with one of our appraisers and verify the correctness of the information on file. If you still think the value is incorrect, you have the right to file a petition with the Value Adjustment Board.

Petition forms are available from our office and from the Clerk of the Court's Office. You must file your petition on or before the 25th day after the mailing date of the TRIM Notice in order for your complaint to be heard by the Value Adjustment Board.

Three members of the Okaloosa County Commission and two members of the Okaloosa County School Board make up your Value Adjustment Board. This panel considers petitions relating to assessments and exemptions and renders decisions.

The Value Adjustment Board appoints special masters, who are either qualified real estate appraisers, personal property appraisers, or attorneys, to conduct the hearings and make recommendations to them. These special masters are not associated with the Property Appraiser's Office. The Property Appraiser appears as a party before the Board, just as you would as a petitioning property owner.

The special master decides whether the appraised value of your property exceeds its actual market value as of January 1. A special master also makes decisions regarding the administration of exemptions.

The clerk will schedule your appearance before the special master. Hearings before the special master are informal. An attorney or approved agent may represent you at this session, or you may represent yourself.

The special master will ask you to present your evidence and testimony in support of your petition first. After your presentation, an appraiser from our office will present evidence in support of the taxable value placed on your property. You then have the last word on your petition. The Value Adjustment Board will mail you a written copy of its final decision.

Your value cannot be increased because you appealed your assessment by filing a petition. The only adjustment allowed is a decrease in value if the Value Adjustment Board rules in your favor.

Keep in mind that just the fact that the assessed value of your property increased from one year to the next is not a valid reason to reduce this year's appraised value. In order to win a reduction in appraised value before the Value Adjustment Board, you must prove that the County's appraisal of your property exceeded fair market value.

After the hearing, no further action is required on your part if you accept the Value Adjustment Board's decision on your petition. But if you disagree with that decision and wish to continue to contest the value, you may file a civil suit in the Circuit Court and the court will determine if the appraised value exceeded the taxable value of your property. Even if you do not file a petition with the Value Adjustment Board, you may file a lawsuit in circuit court under Florida Law.