2018 Property Taxes

Here is an explanation as to why many people’s taxes are going down despite nearly a 10% increase in the city levy.

Because the value of the city has increased so significantly a constant value property may actually see taxes go down. My property value was increased $15k but my overall tax increase was under 2%.

The one group of people that might get whacked are property owner of relatively low property values (<$100k) that experience rapid rises in value. I certainly heard from a few of them.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.