Our county administrator, Dan Onorato, says that while initial assessments are available, they probably aren’t the “real” assessments. He says, “his plan” would mean that real estate taxes would not rise by more than 4% on any property.
Well, that may be, but the “uncertified” assessment for my house is ludicriously high. How that will translate into taxes is uncertain.
So look at my house. It’s a small house on a tiny, hilly lot, on the second busiest street of a suburb with a good school district. This house is not undergoing major renovations. Yet the “uncertified” assessment lept up an additional $41,000 in value IN ONE YEAR. And that was after “only” increasing in value $29,000 over the previous TEN YEARS. How logical is that? This isn’t Boston, New York or San Francisco – housing prices increase very gradually.
I guess I’ll have to call the tax office to complain tomorrow.