Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do property taxes change as property assessments change?

0
Posted

Do property taxes change as property assessments change?

0

The City does not receive extra revenue when overall property assessments increase. The City does not receive less revenue when property assessments decrease. The City determines if a tax increase is needed based on the total budget to provide services and programs.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.