assessed valuation meaning

[Architecture]

The value of a property as determined by a municipality for real estate tax purposes; often this valuation is less than the true market value of the property.

[Finance]
The value assigned to property by a municipality for the purpose of tax assessment. Such an assessed valuation is important to investors in municipal bonds that are backed by property taxes.

Examples

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1. judgement on property right and re-assessed valuation of country power supply assets
2. We're losing $ 10 million a year in assessed valuation.
3. Rye Brook pushed for a payment formula based on both assessed valuation and population.
4. This transfer, she said, cost the district almost $ 1 million in assessed valuation.
5. The assessed valuation of the City of Cerritos is $ 7, 177, 428, 066.