Hampton Topics: Property taxes 101?

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	Name:	rude evin -
	Subject:	Property taxes 101?
	Date:	5/4/2007 3:44:52 PM

I think everyone is on board with what happens to taxes when appraisals go up...... the politicians get increased revenue without having to raise the rates.........the question is do they have the political will to adjust the millage rate for what they really need or does it provide avenue to a larger budget without pain. This sentence was in the article"Education groups and the lobbying assoc. for the county commissions opposed the legislation, saying schools and counties have begun to count on the revenue from the reappraisals and have issued bonds based on the revenue." I don't think they could know what level each county would be setting their individual millage rates at this far in advance would they?Ergo, they must anticipate current rates?