04-13-2022, 12:46 AM
limiting owner occupied homes to a 3% per annum increase in assessed value.
That’s true.
Owner occupied homeowners may contribute no more than 3% more, thankfully.
Other homeowners, 2nd homes, rental properties, will pay the increase in the new assessment.
New construction will be taxed on the full valuation.
It would be interesting to see what that increase averages out to be.
With a larger population there will of course be a need for some additional services.
Like 3 or 4 more guys sitting on the Highway 130 orange cone truck before & after morning rush hour. Or extra sign holders another 1/2 mile down the road when they’re mowing the median strip on Highway 11.
That’s true.
Owner occupied homeowners may contribute no more than 3% more, thankfully.
Other homeowners, 2nd homes, rental properties, will pay the increase in the new assessment.
New construction will be taxed on the full valuation.
It would be interesting to see what that increase averages out to be.
With a larger population there will of course be a need for some additional services.
Like 3 or 4 more guys sitting on the Highway 130 orange cone truck before & after morning rush hour. Or extra sign holders another 1/2 mile down the road when they’re mowing the median strip on Highway 11.