Quoted:
Some of you saw my post asking about "Revaluation"
http://www.ar15.com/forums/topic.html?b=8&f=9&t=417102
Well in yesterdays mail came our tax bill for 2010 (strange it arrives now as was due and paid Feb. 1, 2010)
About five years after we bought the house it was changed from $32,000 to $48,000 which is what we paid for it (OK fair enough) and four years ago when we added on the cost of the addition was added on, another $42,000.
Here's what was shown on the statement:
Assessors Estimates The Full Market Value of This Property at: $116,667
Uniform Percentage of Value Used to Establish Assessment is: 60%
Assessed Value of This Property Is: $70.000
Now the way
I understand it (according to the letter from the Town) "...the Board has voted to revalue Town properties to 100% of the market value..." instead of the 60% that it's been.
None of the houses on my street or the next one over have sold for over 100K
The one next door went for $93K and it's the same size with a larger lot.
There are a few
new houses nearby with some of them over 200K but they are not inside the Village limits.
This is fucking bullshit!
I will be running for or at least attempting to run some of these guy out of Office....it's been the same un-opposed clique for the last two decades and it's time for a change. I've lived in, and been an active, tax paying part of this Community for over 18 years.
I need to start learning everything I can about the Town/Village/School Board, their budgets, and laws/by-laws, plus whatever else my peers here can suggest.
The Town has experienced some growth in housing and businesses, not a huge amount but we're not going backwards.
What say you?