[Summit] Proposed Residential Tax Increase.

Jeffrey Cavanaugh jeff at cavanaugh.org
Mon Jun 13 11:20:31 UTC 2011


Is there a re-evaluation happening too?  Don't they do a statistical
re-evaluation annually?  If so, that could lower the effective tax increase
if property values have decreased.

On Mon, Jun 13, 2011 at 7:06 AM, Jim Kelley <jim-kelley2 at cox.net> wrote:

> Did you see in today's PROJO (page B8) that the Mayor's budget includes a
> residential tax rate increase from $15.19 to $17.25 (this is the effective
> rate after the homestead exemption).
>  A 14% increase! Wow.
> Jim Kelley
>
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