Someone Is Getting a Raise

[billroper]

Sadly, it's not me. But my property taxes have gone up 11.5% over last year.

That's just a little absurd.

Comments

[markbernstein.livejournal.com]

Just out of curiosity, how much did they go down in 2008 and 2009? (And is this increase the result of a change in your house's valuation, or in the property tax rate?)

[billroper]

My property taxes went up in 2008 and 2009. My house's valuation appears to be down at least slightly, just glancing through the paperwork I have handy on my desk.

What would make you think that property taxes go down?

[markbernstein.livejournal.com]

What would make you think that property taxes go down?

Ours did in 2008/2009, when the assessed value went down and the rate stayed the same. Both the assessed value and the tax bill have been inching back up since, though they haven't reached pre-2008 levels.

[billroper]

Given the state of government in Illinois, this may help you better understand some of my political opinions. :)

I will happily trade you my state and local governments for yours.

[kizoku42.livejournal.com]

My property taxes went down too and I don't think Mark and I have the same local government. (Ypsilanti Twp. for me) It sure wasn't our current state government doing it either.

[billroper]

Whatever government bodies you have that are responsible for your property taxes seem to have a less voracious appetite for your money than mine do.

Property taxes here do not go down. When property values are rising, it's an opportunity to spend more money without raising the rates. When property values are falling, then we need to raise the rates so that we can pay for all of the things that we need to pay for.