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Job
Description:
The
office of the Assessor is the only elected position that has statutory,
pre-election requirements. In larger jurisdictions, candidates
must obtain the Certified Illinois Assessing Officer designation
from the Illinois Property Assessment Institute. In smaller
jurisdictions, a basic course of instruction approved by the Department
of Revenue is required. Incumbent elected assessors must
complete continuing education requirements before they can run
for reelection.
The township assessor is more appropriately an appraiser. The
assessor's responsibilities include the mass appraisal of all taxable
property within
the township or a multi-township assessment district.
Mass appraisal requires that assessor to perform three fundamental yet vital
duties:
1) Discover, list and value all new construction within the jurisdiction.
2) Ensure that existing property is valued at the appropriate statutory
level of market value.
3) Assure that similar property is valued in a uniform manner.

In order to fulfill these duties, assessor must annually determine what properties
are being altered and visit each to collect data for use in determining market
value for new construction. The assessor also must analyze recent sales and
perform sales ratio studies to determine which areas require reassessment
and must also analyze the fairness of assessments. The assessor reports
changes to county officials and also establishes homestead exemptions and
responds
to complaints about assessments.
Assessors
must determine the market value of all taxable property, which
is then assessed at 33 1/3 percent of that value. Township
assessors must use the same principles, techniques and methods as
those applied by fee appraisers.
The purpose of the assessment is to apportion the tax burden as created
by taxing district: schools, municipalities, park districts, counties
and townships. Assessors
do not levy, collect or distribute tax revenues.
The assessor funds the office by submitting a detailed budget
for approval by the township board. Once the board approves
the budget, the assessor may use the money for day-to-day operation
of the office.
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