Quote:
Originally Posted by Mr. Moyer
tis,
I think we are all intelligent enough to realize that despite how low our property values drop, we will not see a reflection in our tax bills.
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The most recent assessment of my real properties (admittedly located out on the left coast) DID reflect a decrease in assessed value of my home(s), with a corresponding decrease in tax amount.
It tracks and reflects the local real estate market, which has (ahem) weakened.
Surely you people should experience the same result.