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Environment & Energy

Voltaire2

(15,376 posts)

5. In my town, and I believe this is fairly common, the tax rate is determined by the budget and assessed value.

Reply to hatrack (Original post)

Fri Jan 24, 2025, 10:10 AM

Jan 2025

Lowering the assessed value does not reduce your property taxes. It might make it more difficult to sell your house, if the difference between assessed value and asking price is too large. It also might make it easier to get insurance, if the insurance is based on assessed value.

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Highlight:

Miami-Dade Assessor: Climate Change Will Wreck Property Values, So Let's Cut Taxes Now [View all] hatrack Jan 2025 OP

FEMA is on the cropping block................... Lovie777 Jan 2025 #1

A small soaked parcel of land, an AR-15 and a lemon tree wolfie001 Jan 2025 #2

Cut taxes, but hey, don't do anything that actually helps combat climate change. They are so stupid. . . nt Bernardo de La Paz Jan 2025 #3

The recognition that property values are being cachukis Jan 2025 #4

In my town, and I believe this is fairly common, the tax rate is determined by the budget and assessed value. Voltaire2 Jan 2025 #5