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Old Posted Aug 17, 2024, 12:50 AM
YOWetal YOWetal is offline
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Join Date: Oct 2006
Posts: 7,636
Quote:
Originally Posted by Truenorth00 View Post
If you know how mill rates work then you should know that huge tax increases aren't automatic. Mill rate is only driving relative value for tax calculation.
You're kind of both right. People totally don't understand city taxes thinking they are like income taxes. But relatively matters when we haven't updated assessements since 2016. A huge number of people will see increases with suburban assessments especially needing to catch up. If it's done fairly and accurately there should be some substantial tax drops for those in more central areas and condos.
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