ASSESS THIS

Here’s the skinny on the final outcome of the tax rate discussion in both city and county:

2007 real estate tax rate, per $100 assessed value 95¢ 68¢
2006 real estate tax rate, per $100 assessed value 99¢ 74¢
Operating budget increase 11.3% 5.6%
Real estate assessment increases 14% 30%*
Predicted local revenue increase from real estate taxes 12% 8.7%
Tax increase for $250,000 home (assuming average assessment increase) $233 $360

* County assessments are biennial
Sources: City Manager’s Office; County Executive’s Office

Posted In:     News

Previous Post

How to wrap a tuition increase

Next Post

Chances are…



Our comments system is designed to foster a lively debate of ideas, offer a forum for the exchange of ad hoc information, and solicit honest, respectful feedback about the work we do. We’re glad you’re participating. Here are a few simple rules to follow, which should be relatively straightforward.

1) Don’t call people names or accuse them of things you cannot support.
2) Don’t direct foul language, racial slurs, or offensive terms at other commenters or our staff.
3) Don’t use the discussion on our site for commercial (or shameless personal) promotion.

We reserve the right to remove posts and ban commenters who violate any of the rules listed above, or the spirit of the discussion. We’re trying to create a safe space for a wide range of people to express themselves, and we believe that goal can only be achieved through thoughtful, sensitive editorial control.

If you have questions or comments about our policies or about a specific post, please send an e-mail to editor@c-ville.com.

Leave a Reply

avatar
  Subscribe  
Notify of