Property taxes are out again. They are higher this year, since our values are going down. In Celebration of this, I decided to re-post last years celebration of property taxes going up as our home values plummet.
Notice that last year they went down ever so slightly. this year, since our home values went down even more, the taxes went up.
Here is that post:
Yesterday we got our bill (or statement or whatever they call it) for our property taxes in the mail from the County Assessors office.
According to however they decide property values, the value of our house went down about twenty nine thousand dollars from last year. This resulted in a reduction of our property taxes by about twenty nine dollars.
I would have to look at the numbers again to get the exact figures for this, but by extrapolating these numbers, I realized that if my house was condemned as a radioactive, zombie-infested pit that was completely destroyed and the Assessor decided the value was $0, I would still owe about $1,200 every year in property taxes.
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