Emerald Forest up 11%
What are others seeing?
What are others seeing?
quote:
10% Homestead Cap
quote:I'm afraid these will not level off and this is the norm moving forward. To much demand here.
With such dramatic increases across town, it might be best to contact our State Representatives. This should become an issue at the state level because they haven't even begun to raise the tax rates. They're just banking from saying values are higher. They probably are higher, since there's no inventory, but it's only because there's no inventory. Builders are building as fast as they can, and eventually, it will level off. Unfortunately, they'll have been able to successfully raise your values and collect tons of extra tax dollars to build all those nice new schools.
quote:
Maybe all entities will lower tax rates so the net effect won't hit the bank account too hard
quote:The way I read it is you pay taxes on the assessed value. The appraised value can be whatever they want, but the assessed value can only increase 10% per year. HS Cap is the amount (if any) that appraised went up, over the 10% assessed cap. If you don't appeal (or lose your protest), then the amount in the HS Cap (up to 10% of your current assessed) will go into your assessed value next year.
Anyone know why my "HS Cap" would decrease by 35% but the "Appraised" value increased slightly (4%). But since you pay taxes on the difference ("Assessed" = "Appraised" - "HS Cap"), the net effect is that my taxes increased about 31%.
How is this possible?
quote:If you have that recent of an appraisal by a certified appraiser, it will be useful in disputing it.
Up 9.5% - east side of town - just outside COCS limits
Maybe I can dispute mine as it is more than a recent appraisal (6 months ago)?
I noticed the disclaimer that these are preliminary but my gut tells me it probably won't drop. Maybe all entities will lower tax rates so the net effect won't hit the bank account too hard
quote:Apparently, doing nothing on my house made them think that I added $30,710 in improvements to it. It's a year older, but worth so much more because I live there. This makes no sense...
While they are up every year (because that is what they do), this year looks in particular to me like they decided to go after improvements, whereas the last several years they mostly went after the land.
quote:You know in your heart that's the real reason.
It's a year older, but worth so much more because I live there.