It is out of control. I got the annual property tax assessment notice in the mail last week, they claim somehow in 2020 the estimated market value of my home will be 37K greater than it is now with no improvements and the taxable value of my home is 40K more than the previous year. They do this to decrease the impact of the FMV exclusion (homestead) and at the same time reduce the FMV exemption benefit. The net is my taxes always go up at least a few hundred bucks a year.
It’s insanity!
No matter how much they tax us, it’s never quite enough.