Apply for Prorated Reduction of Assessment on Flood Damaged Properties
Wilson County Assessor Stephen Goodall and the Wilson County Commissioners have established a review process for flood victims to apply for a prorated reduction of assessment on properties damaged by the flood. Under state law, reductions can be made on the assessment of buildings, improvements of real property and on business tangible personal property damaged by the flood on the Prorate Roll complied on September 1st if certain qualifications apply.
Applications for Prorated Reduction of Assessment on Flood Damaged Properties must be in the Assessor’s Office on or before September 1, 2010
Any building or improvement damaged by more than 50% of its pre-flood value or rendered unfit for use or occupancy for than a period of more than 30 days, may qualify for a prorated reduction. Requests must be filed on or before September 1st, when the prorated assessment roll must be complied and sent to the Trustee. Click on the link below for a copy of the required form.
Any tangible personal property destroyed, demolished or substantially damaged may qualify for this reduction if it is not replaced or restored before September 1st. Please note that all requests must be filed on or before September 1st, when the prorated assessment roll must be compiled and set to the Trustee.
The following information is necessary to begin the review process: Business name and physical address. You will also be asked for contact information and whether business was closed due to the flooding, if it is currently closed and if you intend to reopen your business before September 1st, 2010.
After your request for review is filed, a staff auditor will be in touch with you to obtain details of your claim before the September 1st roll is completed. We realize many businesses do not know if and when they will replace property lost or damaged in the flood. Since only property which has not been restored or replaced before September 1st qualifies for a prorated adjustment, we will need confirmation that condition will be or has been met.
Businesses not filing a Schedule this year:
Business which did not file a Schedule this year, and were "force assessed" as required by law, should file a 2010 Schedule along with an asset list. The list should include all tangible personal property which your business had on 01/01/2010, including any which may have been lost to the flood.
You may also be asked to provide an asset list on the acquisition date and costs.
After you have provided the 01/01/2010 list for your business, you may file the initial flood damage request form with our office before September 1st, 2010. Click on links below for forms.
Once forms are complete submit via mail to:Wilson County Assessor's Office
P O Box 2787
Lebanon, TN 37088-2787
Or drop the forms by the Assessor's Office at the Wilson County Courthouse, 228 East Main St. Room 4, Lebanon, TN 37087 before September 1st, 2010.
You may also submit documents such as: photographs, damage description of flood, repair estimates and invoices from contractors, architects, or engineers. Please be sure to include name on each document. Please note that supporting documentation will be filed in our office so please make copies for your records.
If you have any questions, please call our office at (615)444-8661.