When assessment may be increased or reduced.
Section 35
SEC 35. When assessment may be increased or reduced.- The city assessor shall during the first fifteen days of January of each year add to his list of taxable real estate in the city the value of the improvements placed upon such property during the preceding year, and any prop which is taxable and which has theretofore escaped taxation. He may during the same period revise and correct the assessed value of any or all parcels of real estate in the city which are assessed at their true money value, reducing or increasing the existing assessment case may be.