If the board decreases the value of my property, how will that affect my taxes?

[poconnor]

If the Board decreases your value, the Assessor’s records will be adjusted and the Treasurer’s Office will either 1) send a revised tax statement if the decision occurs before before April 30th or October 31st of the tax year, or 2) issue a refund if your full year’s taxes have already been paid. {WAC 458-14-116(3)} This process may take a couple of months to complete.