Quote:
Originally Posted by ken0042
I don't think it has to do with property values going down; as everybody in the city had their property values go down. The whole "taxes tied to property value" thing is to determine who owes how much- so the guy with the $6M house in McKenzie pays more than the guy with the $200K shack in Forest Lawn. If the property values go down they still each owe the same.
I think there was something before about certain neighbourhoods going into different tax brackets- none of it made any sense as my neighbourhood which is still new and being built went down, and other neighbourhoods that don't need as much infastructure work went up.
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Yes, this is probably right... makes more sense.