Quote:
Originally Posted by burn_this_city
Makes sense.. I was under the impression it was (ultra simplistic view)... (value) x (property tax %) so the increase would cause everyone to fork over more based on the higher assessed value.. I'm going to have to do a bit of reading on this to see what they base the actual taxes on, if its not entirely assessed property value.. Thanks..
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You are hardly alone, far too many people do not know how it works....
Claeren.