Saturday, September 15, 2018
Where Are The Savings?
Local taxing entities have been following each other's lead in lowering their tax rates. That may be because it's an election year (midterms) and because property valuations have skyrocketed in the last couple of cycles, leaving taxpayers stunned at their new property tax amounts.
Lowering the tax rate is admirable; it counters the rising property valuations. BUT them lowering their rates to where we get a whole $3-per-year savings, per taxing entity, is sad. They can brag that they are helping us out, but the end result is pitiful.