Q: WHAT IS THE PURPOSE OF A PRELIMINARY ASSESSMENT CHANGE NOTICE?

A: THE PURPOSE OF THIS ASSESSMENT CHANGE NOTICE IS TO INFORM YOU OF THE VALUE OF YOUR PROPERTY AS ESTABLISHED BY THE OFFICE OF THE ASSESSOR DUE TO REVALUATION PRIOR TO THE FILING OF THE GRAND LIST. AS THE NOTICE REFLECTS, THIS VALUE MULTIPLIED BY 70% IS YOUR ASSESSED VALUE BEFORE ANY EXEMPTIONS ARE APPLIED. A PRELIMINARY ASSESSMENT CHANGE NOTICE IS USED ONLY IN THE YEAR OF A REVALUATION, FOR THE GRAND LIST, THIS PROCESS IS COMPLETED