The Finch Formerly Known As Gold

31 March 2008

The taxman cometh once more

County tax assessments are out, and I can use this paragraph all over again, almost:

Under the 5-percent cap law, the assessed value can go up by a maximum of 5 percent per year, regardless of actual market value, unless there is a change in ownership or a substantial change in the property itself. And the market value, they estimate, has risen a little more than 11 percent a shade less than 6 percent this year; however, the assessed value has risen by wait for it — 4.998 percent. (Remind me to hire these people next time I need hairs split.)

Still, this beats the hell out of all those the declining values they keep whining about on the news.

Posted at 9:30 PM to Surlywood