property tax oblivion

jeffk · 11-28-2007, 12:53 AM

My assessed value and my taxes declined from last year. Not by much, but since the bill usually goes up at least 7 % I figure a slight dollar drop actually equates to a real drop of the 7% increase that I didn't have to pay.

I just gotta ask, when the lake property values shot UP 20% like they did a few years ago did anyone run to their town and offer to pay their new higher fair share of the property tax?

It probably took a year or two for the assessments to catch up with the sales values. I'll bet no one complained about the LAG then.

11-28-2007, 12:53 AM	#20
jeffk Senior Member Join Date: Feb 2004 Location: Center Harbor Posts: 1,173 Thanks: 207 Thanked 437 Times in 253 Posts	My taxes dropped this year My assessed value and my taxes declined from last year. Not by much, but since the bill usually goes up at least 7 % I figure a slight dollar drop actually equates to a real drop of the 7% increase that I didn't have to pay. I just gotta ask, when the lake property values shot UP 20% like they did a few years ago did anyone run to their town and offer to pay their new higher fair share of the property tax? It probably took a year or two for the assessments to catch up with the sales values. I'll bet no one complained about the LAG then.