To BBW..cont
In Saturday's Enterprise about rising costs of the county; there is mention of property tax revenues...During the election we consistently heard we would not have increased taxes. Being a new county; I realize all of our properties will be reassessed. Is the council counting on market value assessments to bring in new taxes; it is well known that market values are probably higher than our current assessments; because of the limits that must be put on assessments for each year. I am in an older home and have had tax increases; but no one seems to have the answer to my question. Will the big surprise come from our "appointed assessor". It was pointed out to me that the county debt cannot be more than 2% of property values according to the charter. Is this the ace in the hole for increasing taxes; the market value assessment AND the fact this is a new county with no history? The miniscule reduction in tax levy will not reduce my taxes. Also, since the schools are in four counties; what effect will this have?
By Br Anonymous
In Saturday's Enterprise about rising costs of the county; there is mention of property tax revenues...During the election we consistently heard we would not have increased taxes. Being a new county; I realize all of our properties will be reassessed. Is the council counting on market value assessments to bring in new taxes; it is well known that market values are probably higher than our current assessments; because of the limits that must be put on assessments for each year. I am in an older home and have had tax increases; but no one seems to have the answer to my question. Will the big surprise come from our "appointed assessor". It was pointed out to me that the county debt cannot be more than 2% of property values according to the charter. Is this the ace in the hole for increasing taxes; the market value assessment AND the fact this is a new county with no history? The miniscule reduction in tax levy will not reduce my taxes. Also, since the schools are in four counties; what effect will this have?
By Br Anonymous