Your property tax bill represents your share of the budgets approved by local taxing bodies for their operations. Property taxes are the primary source of funding for local governments and public education. The role of your assessor is to fairly and objectively establish market value estimates for all taxable property, as accurately as possible.
That valuation later determines the share of the budgets paid by each property owner. At this stage of the process, informal hearings are just that: an informal hearing to discuss your property valuation. Discussions on property taxes involve the taxing bodies, budgets, and tax rates that have not yet been established.