I don’t get it

5 Mar

We got our property tax and house appraisal statments yesterday.  How is it that the value of our house can drop $20,000 but our taxes only drop $50?  That just doen’st seem right.

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One Response to “I don’t get it”

  1. Cindy March 5, 2009 at 8:58 pm #

    It’s sad, but when property values drop in a muncipality, the mill rate increases. They still collect about the same amount of taxes. Bummer. I guess they still have to pay all their bills.

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