Answer:No. A revaluation is a revenue-neutral process. It’s about fairness. The revaluation redistributes the existing tax burden based on current values. The City only collects the taxes necessary to meet the approved budget payments for the City, School, and County Budgets.
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No. A revaluation is a revenue-neutral process. It’s about fairness. The revaluation redistributes the existing tax burden based on current values. The City only collects the taxes necessary to meet the approved budget payments for the City, School, and County Budgets.
Recent Posts
