[nhwingut]

My town did similar.

Our homes all dropped about $100,000 in value since last town valuation (2006). My neighbors took solace, thinking they would have a reduced property tax bill. I LMAO.

And of course the town simply raised the rate per thousand to get same (or more) revenue.

You don’t think the hacks would ever make cuts?

[Libloather]

And of course the town simply raised the rate per thousand to get same (or more) revenue.

And you better cough up the loot or risk losing the house. Not to worry - it's all for the common good.

[who knows what evil?]

And of course the town simply raised the rate per thousand to get same (or more) revenue.

G-d forbid they take it out of the public school budget...

[ChildOfThe60s]

Yep. And the real icing on the cake is that they figure values will go backup and they can keep the higher rates.

If values go back up, you will get doubly reamed out.

[NavyCanDo]

In that same time period our home went from 340,000 down to 225,000, dropping another 24,000 this year. But the idiots in our very liberal county keep voting Yes on every bill with a tax increase in it. So our tax burden has changes very little.

[who_would_fardels_bear]

You're lucky in that all you have to do is go to city hall to protest the increase in the mill levy.

Here in California we have to go to the state to try to change the law.

Fortunately in my county they allowed me to have my property reappraised (not required under Prop 13) so that I could pay a lower rate for a few years.

In the short run Californians have saved a lot from Prop 13, but in the long run more and more power has been given up to the state and taken away from local authorities.