Lake Bonham Topics: Here is the real deal

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	Name:	roswellric -
	Subject:	Here is the real deal
	Date:	5/4/2007 11:53:53 AM

Everyone is addressing the wrong issue. The issue is equitable appraising and appropriate milleage rates. If your value doubles then your taxes will double unless the the milleage rate is lowered to compensate for increased revenues.

That is why some folks want an annual assesment so half the county doesn't fall between the cracks with no revised appraisal. Now if the county didn't book the appreciation of property sales during the 4 years the playing field would be level.

If appraisals are not current the properties that have appreciated pick up proportunately less of the tax burden.

If your property is going up faster than the average you will want an appraisal every 100 years :-)

The reverse is true if values go down.