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Assessments through the roof in Northern
Rising price of the American Dream
Good question and response at the live discussion going on right now –
Q: Is there any statutory limit in
Virginia on how much a tax appraisal can rise per year? Here in Texas the limit
is 10 percent, and there is a popular movement growing to lower that to 3-5
percent. But the cities and counties that rely on property taxes have a hard
time giving up their automatic annual revenue
has no restrictions, although some state candidates proposed such a limit in the
last round of elections.
limitation on property tax increases … what will they think of next?
Assessments are up everywhere!