tax assessment question

**magawake** · 12-29-2008, 12:52 PM

Hello All,

I just got my tax bill on my condo and I was surprised how high it was even though I had an abatement.

Is it a wise idea to get my property reassesed? If so, what are the steps for it? Is there an online service? I am worried because I feel that my property has decreased by value dramatically but taxes are still on the sale value. Any ideas or thoughts?

TIA

**Greg** · 12-30-2008, 05:47 AM

While your property has lost its value so have all of the other properties in your area. So, if the tax authorities lower your tax assessment then they also have to lower everyone else's.

If they lower every body's tax assessment they won't have enough money to run your local government so they will have to raise your tax rate to make up the difference and you will end up paying the same thing.

Everybody everywhere is in the same boat as you right now.

**Commercial Agent** · 01-02-2009, 04:14 PM

There is another alternative: government spending can be cut.

Compare your 2000 and 2008 city budgets, allow for inflation and population growth. Any excess may be waste.

Get active in politics. You'll meet some nice people and save some money too.