Why are 2009 taxes higher on some homes when their assessed value is down about 33 percent? I'm new to the area.
Answers (1)
FIRST ANSWER
The local governments still need to meet budget requirements. If assessed values are down, then they may have to adjust tax rates higher to make up the shortfall. The other option is to cut budgets, but that can only be taken so far without too much disruption to local services.
Didn’t find what you were looking for? Ask a question!
More Q&A about Home Buying in Buckeye
View all »
Answered Wed Nov 25 2009, 18:21 by Irena Popilevsky in Buckeye
Answered Mon Nov 2 2009, 21:16 by Ted Canto in Buckeye
Asked Sat Sep 26 2009, 19:28 by Nefri2 in Buckeye North
Answered Sun Sep 6 2009, 07:56 by Kaliona in Buckeye
Answered Wed Oct 29 2008, 10:39 by Paul Welden in Buckeye
Ask a question
Got a real estate question? Get answers from locals, experts and real estate pros.
Email me when…
View all »
1 - 3 of 75
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback