Current assessments
The county assessor has apparently finished up his annual revaluations: I spot-checked a number of residences this morning, and new numbers were in place for all of them.
Also, incidentally, half of them were below last year’s values, reflecting the flattening, in several senses of the word, of the real-estate market. It won’t mean much of anything taxwise, though. Because of the cap rule, during periods when valuation increases, taxable market value lags assessed market value by several percentage points; but there’s no mechanism to push taxable value back down again unless the assessed value drops low enough to take up all that slack, which didn’t happen in any of the locations I checked. So all of these folks will see their taxable value rise by 4.999 percent or thereabouts, though the actual tax rates won’t be set until later this year.
