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Old 12-02-2022, 07:28 AM   #138
John Mercier
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Quote:
Originally Posted by ITD View Post
It is in that respect.

But the tax rate going up or down does not cause your tax bill to go up or down, the tax rate is merely a calculation that splits the levy among everyone.

The way that the tax collector in this town publishes the tax rate is not completely honest in my opinion. It gives the impression that taxes are going down. A more honest number would be to publish what the average value home will pay in taxes this year versus last year. I suspect the average tax bill increased this year unless something radical happened. The tax rate is meaningless.
That is done during the annual budget, when monies are actually being allocated for expenditure.

Assessments don't change the budgeted expenditures.
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