What is the primary outcome of a board of equalization's function?

The primary outcome of a board of equalization's function is to address discrepancies in assessments. This board is formed to ensure that property tax assessments are fair and equitable among different property owners. When property valuations are inconsistent, it can lead to some property owners being unfairly taxed more than others. The board's role is to review these assessments and make adjustments where necessary to ensure that the values reflect the actual worth of the properties in question. This process upholds the principle of equitable taxation, ensuring that each property owner pays taxes based on a fair evaluation of their property.

While ensuring equitable property tax bills is closely related and can be a result of the board’s adjustments, the direct function revolves specifically around addressing the assessments themselves. In essence, the board works to identify and rectify any inequalities in property assessments, thereby fostering fairness in the taxation system.