Sounds just like California.
>>>Sounds just like California<<<
How so? In CA Prop. 13 limits Property Taxes to 1% of Assessed Value and that can only rise by 2% a Year.
The only additional Property Tax is for Voter approved Bonded Indebtedness. In the case of my CA Home that makes my effective Property Tax Rate 1.25%.
When we bought the House back in 1992 our Property Taxes were about $2,600. Now 27 Years later they are about $3,600.