Equalization Board

An Equalization Board is a governmental body that ensures fair property tax assessments across different regions or municipalities. Its main role is to review and adjust property valuations to achieve equity in taxation, making sure that similar properties are taxed at similar rates. By examining the assessments made by local authorities, the board can correct disparities and ensure that property taxes are distributed fairly among residents. This helps maintain public trust in the tax system and ensures that funding for services like schools and infrastructure is collected equitably.