Towns are required by the state to be at 100% valuation so we are being revalued more often. Everybody panics when they see how much their property value goes up, but usually at least for the first year or so, the rate does go down. Then they say how low the tax rate is so let's spend, spend, spend, and the rate catches up eventually to the former rate. That's how our taxes have gotten so high. It's like when people vote these things in, they think it's somebody else's money.
|