How can the full cash value increase in a depressed market?

The full cash value can increase in a declining market as long as it does not exceed the market value as of the valuation date. Note: The 2023 full cash value is based on a valuation date of January 1, 2022, and is based on a minimum of 18 months of sales data. In the case of the 2023 valuation, sales data from years 2020 and 2021 were the basis for the valuation. Real estate market changes or conditions existing after January 1, 2022, are not relevant to the 2023 assessment.

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1. Why did I receive this notice of valuation?
2. What does it mean?
3. Does everyone get a notice?
4. What is the full cash value?
5. What is the limited property value?
6. What is the legal classification of property?
7. Why are 2023 values being set now?
8. Why did the full cash value go up?
9. Can the limited property value go up and the full cash value go down?
10. How can the full cash value increase in a depressed market?
11. Is the County just increasing values to get more tax revenue?
12. Did every property owner get the same increase/decrease?
13. How is the full cash value determined?
14. Why did the value go up when I have done nothing to the property?
15. What can I do about the increase?
16. Are my taxes going up?
17. I can’t afford my property taxes. What can I do?
18. What happens if I file an appeal?