Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: george76

Increased assessments does not mean increased taxes .


16 posted on 04/27/2023 5:24:20 AM PDT by Raycpa
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Raycpa
Increased assessments does not mean increased taxes.
---------------------------------------------------------

Umm, ok?...

"https://realestate.usnews.com/real-estate/articles/what-is-a-property-tax-assessment"

From the article:

"What Is a Property Tax Assessment?

Property taxes are the principal source of income for most local governments, but they remain a financial burden for homeowners even after their mortgages have been paid in full.

Property tax assessments determine the property value, which is performed by a government assessor who then uses this assessment to calculate the amount of taxes due."

31 posted on 04/27/2023 5:50:10 AM PDT by HombreSecreto (The life of a repo man is always intense)
[ Post Reply | Private Reply | To 16 | View Replies ]

To: Raycpa
Increased assessments does not mean increased taxes.

Most of the time, it does mean increased taxes. They are not always proportional to the increased assessments. BTDT.

I have filed appeals, and usually gotten an automatic reduction of 5-10% in the final property tax (after it was increased). The folks in the assessor's office simply want people to go away and won't contest a minor reduction.

I suppose that if one attempts a large reduction from the appeals process, the clerks may become vindictive and increase the assessment even further. I haven't pushed those limits.

Then there was our county commissioner who owned a residence assessed at 4% of fair market value for over a decade. Just a minor oversight from the assessor's office, I guess. Or a private version of "Proposition 13". That deal was not available to me or anybody else. A lot of people asked about it, and the clerks were instructed not to discuss the matter.

37 posted on 04/27/2023 6:00:16 AM PDT by flamberge (Everybody's gonna hate it when we all play by the same rules)
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson