Increased property values don't increase taxes. When a revaluation is done the tax rate is adjusted to compensate and keep the levy the same. (Of course nothing is perfect and there probably are some people affected either positively or negatively) The only way your taxes would increase due to a revaluation would be if your property was assessed incorrectly before or if your market segment appreciated faster percentage wise than the rest of the town. Taxes increase because politicians spend more money than the old levy would pay for and raise the tax rate.
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