Quote:
Originally Posted by GGG
You just failed the do you know how property taxes work test.
No inflating property values does not increase revenues for the city. Mill rate is total budget / total property value. The relative value of your property compared to ROC affects your taxes. Just going up does not. The city does not benefit
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While it doesn’t increase revenues for the city as that is fixed, it absolutely increases your taxes paid when they artificially increase your assessed value.