Which group of individuals is primarily affected by the annual property tax notices?

The group of individuals primarily affected by the annual property tax notices is property owners. These notices inform them of their property’s assessed value, which directly impacts how much property tax they are liable to pay for the year. Property taxes are a significant expense for homeowners and real estate investors, and understanding the assessed value helps them gauge their financial responsibilities and budget for expenses. Since property taxes are based on the assessed value of their properties, it is essential for property owners to stay informed about these notices to manage their finances effectively and respond appropriately to any discrepancies or appeals regarding their property value assessment.