What is significant about April 14th in the tax assessment calendar?

In the context of the tax assessment calendar, April 14th is significant as it marks Progress Day. This is an important date because it is when the assessment process officially transitions into the phase where the assessed values and the progress of assessments are reported. On Progress Day, assessors finalize their work for the current assessment period and ensure that all the necessary evaluations have been completed.

This designation allows for a clear understanding of how property assessments are progressing and is a key point in the timeline for managing property taxation effectively. Proper tracking of Progress Day helps ensure that assessors and property owners are aligned regarding assessments and potential tax implications for the upcoming fiscal period.

The other options represent different aspects of the tax assessment process that occur at various times, but they do not align specifically with the significance of April 14th, thus showcasing the unique importance of Progress Day in terms of the tax assessment calendar.