ASSESSING

To determine, estimate or judge the value of; to evaluate

"He assessed the situation."

To impose or charge, especially as punishment for an infraction.

"A $10.00 late fee will be assessed on all overdue accounts."

To calculate and demand (the tax money due) from a person or entity.

"Once you've submitted a tax return, the Tax Department will assess the amount of tax you still owe."

Action of the verb to assess; assessment.