A. Within 15 days after the board of equalization certifies its actions, the assessor shall complete and certify the annual assessment roll. The assessment roll shall be based on values as of January 1st of the assessment year.

B. All taxes levied or collected shall be calculated, levied, and collected upon the assessed values entered in the assessment roll and certified by the assessor as correct, subject to the taxpayer’s rights of appeal, and to the corrections and amendments made in the rolls, including any court-ordered amendments. These assessed values shall be valid and binding on all persons, notwithstanding any defect, error, omission, or invalidity in the assessment roll or proceedings pertaining to the assessment roll.

C. When the assessor discovers that an omission has been made in either the real or personal property rolls, the assessor shall include the property omitted from the assessment roll on a supplementary roll. All procedures set forth in this chapter, or mandated by state law, shall apply to the supplementary rolls.

D. When the final assessment records are completed by the assessor, the assessor shall deliver to the assembly a statement of the total assessed valuation of all real property in the borough. The assembly shall then fix the rate of tax levy and designate the number of mills upon each dollar of value of assessed taxable real property that shall be levied for borough purposes including the borough government, assessment, and collection of taxes, education, and planning and zoning, and shall levy the tax accordingly. The levies for school and municipal purposes shall be separately made and fixed, but the aggregate of them shall not exceed three percent of the assessed value of the property assessed.

E. At such time as the assessment function of property taxes has been accomplished, to include the appeal process to the board of review, the assessor will furnish the borough treasurer a copy of the certified assessment roll. [Ord. FY2014-10 §7, 2014; Ord. 82-7-O, 1982; Ord. 78-21-O §2, 1978. Formerly §3.20.060].