Value Adjustment Board

A Value Adjustment Board (VAB) is a local government panel that hears disputes between property owners and tax assessors regarding property valuations. When a property owner believes their property has been overvalued by tax authorities, they can appeal to the VAB. The board reviews evidence and makes decisions to ensure fair assessments for property taxes. Their goal is to uphold accurate property values, which impacts the amount of taxes property owners pay. Each jurisdiction may have different procedures, but fundamentally, VABs help resolve valuation disagreements in a fair and impartial manner.