07 Jul What does the Assessor do?
Posted at 15:29h
in Uncategorized
The Assessor is required by the Louisiana Constitution to list, value, and enumerate all property subject to ad valorem taxation on an Assessment Roll each year. The “ad valorem” basis for taxation means that all property should be taxed “according to value” which is the definition of ad valorem. The Assessed Value is a percentage of “Fair Market Value” or “Use Value” as prescribed by law.