Mandate: To install and maintain real property identification and accounting system through computerized system. To undertake activities in updating tax mapping and assessment records of real properties. To ensure uniformity, regularity consistency I the application and enforcement policies, rules, and regulations governing the administration of real properties and to appraise all real properties by its fair market value and conduct regular ocular inspection to determine if they are properly assessed.

Vision: Enhance of revenue generation through equitable, uniform, standardize and effective application of
the existing rules, laws and procedure in appraising and assessing real properties within the Municipality.

Mission: Tapping the potential of real property taxes through continuous inventory, listing and accounting of all real properties within the province, appraise and assess all real properties in properties in accordance with the existing rules and regulations and maintain. 

 HISTORY OF MUNICIPAL ASSESSOR 

In the Municipality of Looc, prior the creation of the position of a Municipal Assessor the duties and functions appurtenant to the said office was absorbed/assumed by the Municipal Treasurer as an Ex-Office Officer. In the year 1982 the said position was filled up by the first and regular appointed Deputy Provincial and Municipal Assessor in the person of Mr. ROLANDO CONANAN GREGORIO SR. The appointment was lodged in the Department of Finance particular to the Director of Bureau of Looc Government finance of each region, subject to the recommendation of the concerned Provincial Assessor. That upon the affectivity of the Local Government Code of the Philippines in 1991, the above-mentioned designation was changed to plain Municipal Assessor and the appointing authority is granted to the Municipal Mayor having now the direct supervision and control over said office. After the retirement of Mr. Rolando C. Gregorio, Sr. on August 08, 2012, Mr. FLORENTINO RUFON MILLARES, REA was appointed and assumed office on March 01, 2017 to February 01, 2020. That upon the retirement of former Municipal Assessor Florentino R. Millares, MR. CESAR ACEVEDO MARTINEZ, JR., a Real Estate Appraiser and the Municipal Assessor of Alcantara, Romblon since 1990, transferred to Looc on May 18, 2020 to present.

FUNCTIONS OF MUNICIPAL ASSESSOR 

Establish a systematic method of assessment in the manner prescribed in this manual and in accordance with the rules and regulations issued by the Secretary of Finance;

Install and maintain a real property identification system in the manner prescribed in this manual and in conformity with the standards prescribed by the Secretary of Finance;

Prepare, install and maintain a system of tax mapping showing graphically all properties subject to assessment in the province, city, or municipality and gather all necessary data concerning the same;

Undertake a general revision of real property assessments every three (3) years;

Make frequent physical surveys to check and determine whether all real properties within the  locality are properly listed in the assessment rolls;

Appraise all real properties in accordance with the approved or duly enacted Schedule of Fair Market Values pursuant to R.A. No. 7160, and conduct frequent ocular inspections to determine if all properties are properly assessed;

Prepare Field Appraisal and Assessment Sheets (FAAS’s) and issue Tax Declarations for all newly discovered properties and transactions involving transfers of ownership, subdivisions of land into two or more parcels, and/or consolidation of two or more parcels into a single ownership, as well as other transactions involving assessment of real property;

Enforce uniformly the exemptions from real property tax as prescribed in this Manual;

Apply the appropriate assessment levels prescribed by the Sanggunian concerned;

Keep all record of all transfers, leases and mortgages of real property, rentals insurance, cost of construction of buildings and other improvements on land, land income and other source of data needed in the preparation of schedule of fair market values as well as for other assessment purposes;

Cancel assessment in case of duplication of assessment on one property. However, if any assesses or his representative shall object to the cancellation of the assessment made in his name, such assessment shall not be cancelled but the fact shall be noted on the field appraisal assessment sheet, tax declaration, assessment rolls and other property book of records. Preference, however, shall be given to the assessment of the person who has the best title to the property or, in default thereof, of the person who is in the actual possession of the property;

Eliminate from the assessment roll of taxable properties such properties which have been destroyed or have suffered permanent loss of value by reason of storm, flood, fire or other calamity; or being exempt properties that have been improperly included in the same;

Decrease the assessment where the property previously assessed has suffered a substantial loss of value by reason of physical and economic obsolescence; and

Increase the assessment where improvements and repairs have been made upon the property subsequent to the last assessment.