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Originally Posted by B R
but they have missed out on significant town revenue by not revaluating for 16 years, especially if there is water property involved. those who've had water property have benefited in those years while the rest of the town pays more than their share. then again, maybe they don't care or need the money.
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True, there's probably been an inequity between who pays the taxes, but they've still received the revenue they've needed to run the town. Raising the overall total valuation shouldn't lead to raising more money, as the tax rate should go down proportionately.