Assessment vs. Taxation

Assessment vs. Taxation – Separation of Duties

The assessment function is distinct from the taxation function. The Assessor of Property appraises and classifies the property, and then applies the statutory percentages to appraisals to determine assessments.

Local property tax rates are set by the Sequatchie County Commission and the City Commission. Taxes are collected by the County Trustee and by City collecting officials.

The Assessment Function

The Assessor of Property:

The State:

The Assessment Cycle:

The Appraisal Process:

The Assessment Process:

Property is classified based on its use and statutory assessment percentages are applied to appraised values. The percentages are as follows:

  1. 25% Residential Property
  2. 25% Farm Property
  3. 40% Commercial and Industrial Property
  4. 55% Public Utility Property
  5. 30% Business Personal Property

An assessment change notice is required to be sent when the value or classification changes.


Appeals can be made based on several factors, such as property value, inconsistency with comparable properties, incorrect classification. Taxes are not a valid basis for an appeal.

The steps in the appeal process are as follows:

The Taxation Function

The Property tax rates are established by the County Commission and city governing bodies. The Assessor of Property provides assessed value totals to both county and city governing bodies. Total assessment and estimates of other revenue are then combined with budget projections to determine the property tax rates for the county and city.

In a reappraisal year, if the local governing body intends to adopt a tax rate that would generate more revenue than the previous year, a public hearing must be advertised and held.

The separation of the assessment function and the taxation function protects property owners from possible unfair treatment.