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What are my ta​xes going to be, in light of the increase in property assessment?

by Guest743  |  11 years, 1 month(s) ago

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What are my ta​xes going to be, in light of the increase in property assessment?

 Tags: assessment, increase, light, property, taxes

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  1. Guest743

     An increase in your property assessment does not mean your taxes will automatically go up by the same amount. Assessment is simply a distribution mechanism. Your assessment simply indicates the estimated value of your property. The tax rate, which is based on budget requirements, is what determines how much your taxes will be. The 2013 Property tax rate won't be set by City Council until April 2013.

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