But 10% still hurts.Be aware that there's a 10% cap on property tax increase on your homestead. If the value goes up one year 25%, they can only increase it 10%. If prices are flat the next year, it can still go up another 10% because you haven't caught up with that 25% increase in value from the prior year. They are required by law to appraise it at fair market value. With the crazy price increases.you may get 10% a year for a long time.
I have successfully protested twice on this basis.Most of the appraisal districts now use computerized appraisal programs that makes differing comparable property values rare.
They use several algorithms that differentiate older home from newer homes, lot sizes are figured on square footage at a base rate for the section being appraised. They use GIS (government information system) to compute values based on "improvements" (i.e. home, sheds, etc.). GIS outside information is taken from aerial photos, drone photos and appraisal district employees who walk every street, and inspect houses from the outside. GIS, mines data from cities looks for building permits and improvements to a property, such as new roof, remodeling interior etc.
I have a database and spread sheet that I keep on the area around me with comps.. SO many older structures have been torn down and newer builds gone in that comps are getting fewer. I have seen how the appraisals mirror each other in very clear detail. Not all houses are appraised the same (that would be a great way to argue improper appraisal so they dont) but the six older homes on my street lot sizes are the same, value the same, the houses are within a few square feet of each other, and the values are within a thousand or so.That way they "account" for differing exterior conditions, new roofs, landscaping etc. Bastards.
Set up a PO box elsewhere (lower tax jurisdiction) and set up automatic forwarding? Have the PO Box as your official business address.They always go up, never down.
The most annoying one to me is the one that cost me the least. The county of Bastrop taxes the assests of my business.
This is the business that does ZERO business in Bastrop or Bastrop county.
They tax me because my mail comes to my house in Bastrop.
PTOPERTY AND SCHOOL TAXES ARE LEGALIZED THEFT BY LOCAL GOVERNMENT!Nobody can run a scam like the government, and property taxes are one of their biggest scams. "We lowered your taxes by 0.00001%. We can't help it that your property is now worth 300% of what you paid for it."
So how are we going to pay for schools, roads, police, fire, ambulance, etc.?PTOPERTY AND SCHOOL TAXES ARE LEGALIZED THEFT BY LOCAL GOVERNMENT!
^^ This right here...Its mainly the school taxes that have gone up and I think that is ridiculous. No one needs a cowboys sized stadium for high school students
Any politicians/Administrators point of view is that if you have money in your wallet, then they don't have enough for their <insert pet project>.Time to break open that wallet.
BINGO!The problem is the SPENDING not the TAXING.
Politicians have an insatiable appetite for spending our money in order to curry favor from some of their constituents. Too many citizens don’t care enough to hold them accountable. Just look at voter participation rates to see how few people are actually voting!
I wonder how much of the education budget could be covered by the amount of money that our government is going to waste in the just next 24 hours?So how are we going to pay for schools, roads, police, fire, ambulance, etc.?
Ain't that the truth. But taxpayers vote to approve those bond issues.
IN OUR COUNTY WITH EXCEPTIO POLICE IT'S VOLUNTARY SERVICESSo how are we going to pay for schools, roads, police, fire, ambulance, etc.?
Even if the money is spent wisely, it still has to come from somewhere. And that somewhere always is taxpayers.I wonder how much of the education budget could be covered by the amount of money that our government is going to waste in the just next 24 hours?