Quote:
Originally Posted by tis
What I don't understand and can't get answered is why this round of huge assessment raises, our rate did not go down that much. It seems if assessments went up 30%, rates should go down accordingly. Now, if the town had spent more money I could get that but that didn't happen, not that much more. I mean that is a lot more tax money. What are these towns doing with that much more money? Always before the rate went down accordingly. Not this time.
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That's where inflation kicks in. Just like ordinary people getting an estimate on home improvements, that same money doesn't buy what it did last year.
