Budgeting and Accrual Determination
We prepare annual property tax budgets for our clientele. We can tailor this exactly to the client’s specific information need.
Typically, we prepare a budget in September for all properties for the ensuing tax year. We take into account projected increases for expansions, capital improvements, revaluations, and tax rate increases. We also project for decreases in the property tax amount as a result of successful appeals, demolitions, and reductions in the tax rate. We review and update projections twice a year to ensure that the property tax accrual database is as accurate as possible.