Talk of The Villages Florida - View Single Post - Buyers Market and Record Numbers are Backing Out
Thread: Buyers Market and Record Numbers are Backing Out
View Single Post
 
Old Today, 07:15 AM
BrianL99 BrianL99 is offline
Sage
Join Date: Dec 2021
Posts: 3,696
Thanks: 298
Thanked 3,569 Times in 1,429 Posts
Default
Quote:
Originally Posted by RoboVil View Post
From a value assessment of my house, the value has decreased by 15% over the past year. The counties are in a panic mode and the assessors are inflating the value of homes in order to maintain the tax base.
That's not how assessments and real estate tax levy work.

Tax rate is derived from the total levy and is simple, 5th grade "division".
__________________
"God made me and gave me the right to remain silent, but not the ability." Sen John Kennedy (R-La)
" ... and that Norm, is why some folks always feel smarter, when they sign onto TOTV after a few beers" adapted from Cliff Claven, 1/18/90
Reply