When are owners notified?

The first of March each year, the appraiser's office mails valuation notices to the owners of all real property (real estate).  This valuation notice lists current and previous year's values.

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1. Why is the appraisal necessary?
2. How is an appraisal done?
3. What determines the value used for tax purposes?
4. Why does the value change?
5. When are owners notified?
6. How can I determine if the appraisal is accurate?
7. How is farmland valued?
8. What if I believe the appraised value is too high?