Apply Taxable Value Modifiers

Apply caps to assessment values (Current and Reassessment values) in bulk for a specific Tax Year.

This process can be completed for parcels individually by selecting the Recalculate button on the Parcel record > Assessments tab > Appraisals/Assessments > Appraisal Details panel

Prerequisites

Apply Taxable Value Modifiers permission is required to run this process.

Apply taxable value modifiers

  1. From the left-side navigation, select Processes.

  2. Under the Parcels section, select Apply Taxable Value Modifiers.

  3. Enter the Tax Year.

  1. Confirm the Cap/ATI Exclusion Date is corrrect.

  2. For Value Source, select Current or Reassessment.

  3. For Modifiers, select 15% Cap.

  4. Select Apply Modifiers.

  5. Select Yes on the prompt.

  1. On the Apply Taxable Value Modifiers Log panel, select Refresh.

The completed process displays in the panel.

Notes:

  • If there is no Tax Assessment Year for a parcel, it is skipped during this process.

  • Parcel status does not affect the cap process.

  • After caps are applied, CAMA recalculates assessed values on reassessments and on both Market and Taxable values on reassessment values during the post process.

View process parameters

View the Process Parameters selected for a process.

  1. From the left-side navigation, select Processes.

  2. Under the Parcels section, select Apply Taxable Value Modifiers.

  3. Locate the process in the Apply Taxable Value Modifiers Log panel.

  4. Select the expander icon (+) next to the process.

The Process Parameters display.