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Originally Posted by golfing eagles
Which goes away as that undeveloped land is turned into thousands of tax paying homes and businesses. Our milage rate is actually lower than 10 years ago.
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There is a lot of confusion with this. There is a lower number for millage rate, the millage rate that the state considers to be neither an increase or a decrease, the actual amount that we pay, and effects of inflation on the cost of running a government. Pick your number and you can argue that we are worse off or much better off than we were 10 years ago.
Our millage rate might actually be lower but our assessed values are much higher leading to something close to a net zero change. If it were not for the 30% property tax increase in 19-20, our millage rate would be even lower today.
EDIT: If the 30% increase had not happened and all else remained the same (not likely) then our millage rate would be about 3.66 today rather than 4.89. That would be $366 less on a home with a taxable value of $300K.
The last time we had a true property tax decrease was the 21-22 budget when it decreased 1.4%.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
Last edited by Bill14564; 11-22-2024 at 10:46 AM.
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