Laura,
I am sure you are aware your taxes are based on the value of property the previous year not your current tax year you are paying. Remember when we enjoyed the property going up and the property taxes remaining the same. Now they beat us while we're down. When the market began to drop the began to reassess the properties. I am sure you are aware the tax formula is 80% of the assessed value x .003 (millage rate) I hope this helps to understand. Not fair or good timing to begin raising taxes when insurance is so high and limited insurance availablility. The good new is we are starting to see relief on insurance yeah! Feel free to contact me atthe numbers below.
Kristy Bushaw
RE/MAX of Gulf Shores
251.223.1111(c)
http://www.pleasureislandbeach.com
kb1111@remaxgs.com
- Tue Aug 12 2008, 14:56