Quote:
Originally Posted by phoenix
i guess i a confused. The assessment for each property has been finalized .My taxes for the year will be my assessed value x the tax rate. so to me its very meaningful
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It is in that respect.
But the tax rate going up or down does not cause your tax bill to go up or down, the tax rate is merely a calculation that splits the levy among everyone.
The way that the tax collector in this town publishes the tax rate is not completely honest in my opinion. It gives the impression that taxes are going down. A more honest number would be to publish what the average value home will pay in taxes this year versus last year. I suspect the average tax bill increased this year unless something radical happened. The tax rate is meaningless.