3 ms·
Not necessarily. The city decides what amount of revenue it wants to generate, then divides that amongst all properties based on accessed value. If in a year ev
by Tiktaalik 11y ago
Not necessarily. The city decides what amount of revenue it wants to generate, then divides that amongst all properties based on accessed value. If in a year everyone's accessed value increases by the exact same amount, and the city doesn't increase the amount of total income they want to generate, no ones property taxes change.