By what date must the BOR complete their review of protests of assessed values or property classifications?

The correct choice indicates that the Board of Review (BOR) must complete their review of protests regarding assessed values or property classifications on or before the first Monday in April. This timeline is stipulated in Michigan's property tax laws, which ensure that property owners have a defined period within which they can challenge their assessments.

Confident adherence to this timing is crucial as it aligns with the overall property tax calendar, which plays a vital role in determining tax liability and ensuring that all appeals are processed in a timely manner so that assessments can be finalized. By establishing the review completion as the first Monday in April, the state reinforces a structured approach for property assessments, promoting fairness and transparency in property tax systems.

In contrast, options that suggest earlier dates, such as March 31st, would conflict with the statutory deadlines established for the entire review process. Similarly, allowing an extension until after the second Monday in April goes against the requirement for timely resolution of protests and could delay the overall assessment cycle. This ensures that the BOR's functions are aligned with statutory obligations and provide a clear timeline for property owners regarding the assessment protests.