Re: 2017 Reval ~ Property Inspections

Posted by bodhipooh on 2017/12/14 14:12:22
Quote:

brewster wrote:
Quote:

bodhipooh wrote:
Anyway, really interested to see what others have to say/opine about the property tax rate potentially coming out at 1.62% and what the implications may be for our city and residents.


So many moving targets it's hard to guess where it'll end up. Is the rate vs home value a zero sum game where your increase stays the same? My DT taxes are $17k, I won't be surprised if they double, but I've done well over 20 years on value and rents. I'm sure I'd be less zen if I bought recently.


Just to clarify, that 1.62% number was taken from the document (linked earlier) provided by the city as an update on the ongoing reval now that it is 85% completed. Based on that, I am guessing the final rate will be somewhat close.

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