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Welcome
to Property Tax Talk!
Property tax, also known as real estate tax, is something that every
property owner has to contend with. Quite frankly, they are a
necessity. Local government rely on the revenue to operate various
important services such as police, fire and medical services as well as
other local responsibilities. In addition, a significant portion of
the funds are utilized to educate our children. Lastly, in most
cases, the balance is contributed to the upper level government (county)
to fund various county-wide programs. It
is important that property be properly assessed to insure the most fair
and equitable distribution of the tax burden among all taxpayers
throughout their local government. Recently
property values nation-wide have skyrocketed at an unprecedented
rate. While many feel that the upward trend is going to level-off,
few believe values will fall. This has caused local governments to
take a second look at property value assessments. In many cases
property owners are seeing their assessments double, and at times even
triple. At times this can mean significantly higher tax bills, and
other times it may not significantly change your tax bill.
SPECIAL FEATURE
NEWS!
We're stepping outside of the property tax ring for a moment...
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