View Single Post
Old 03-04-2019, 04:52 PM   #53
Flylady
Senior Member
 
Join Date: Apr 2006
Location: So. California & Lakes Region
Posts: 256
Thanks: 225
Thanked 106 Times in 61 Posts
Default Taxes and budgets

If the town was collecting taxes on Longview for a much higher assessed value, then the lower taxes to be collected could result in having a higher spending budget than the revenue received. A.K.A. a budget deficit. Ultimately doesn't this then lead to more overall increases in the mil rate for everyone?
Flylady is offline   Reply With Quote