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.
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.
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.