The office of the Assessor is the only elected position that has statutory, pre-election requirements. Candidates must obtain the Certified Illinois Assessing Officer designation from the Illinois Property Assessment Institute before they can run for office. And once elected they must complete continuing education requirements. The Township Assessor is more appropriately an appraiser. The Assessor?s responsibilities include the mass appraisal of all taxable property within the Township. This entails discovering, listing and valuing all new construction, ensuring that existing property is valued at the appropriate statutory level of market value, and assuring that similar property is valued in a uniform manner. Assessors must determine the market value of all taxable property, which is then assessed at 33.33% of market value. The Assessor must submit a budget to the Township Board for approval to fund the day-to-day operations of the Assessors Office.