The improvement is added to the tax roll at the percent of completion as of January 1st.
No - They are based on 100% of the fair market value of your property.
Yes - Someone has reviewed your property, but it may not have been this year.
Improvement on your notice means any structure that is attached to the land. A building is an improvement to the land.
Typically, the Appraisal District reviews all sales information and reviews all properties every year. Market value is the determining factor on deciding which properties are reappraised.
