Showing posts with label Real Estate Values. Show all posts
Showing posts with label Real Estate Values. Show all posts

Friday, February 18, 2011

Little confused about property Taxes??

From todays Pass Promoter

"For 2011, a total of $6.841 million is required in taxes. The property tax levy for 2010 was $6.548 million"

Strange taxes did not go up??????

So where does the additional $293,000 come from?

New assessment for those kind of dollars? maybe.

There would have to be new development of $30,000,000 in 2010, or higher assessment based on increased real estate market values.