Tuesday, May 1, 2018

Lower the Area Tax Rates

There are two parts to making high taxes, property appraisals from CCAD and tax rates of our taxing entities. If we can't do anything about market value appraisals, our taxing entities must reduce our tax rates!

property appraisals + tax rates = taxes paid

Collectively, we pay FOUR taxing entities. Each taxing entity is required to debate and set their tax rates every year for a reason. They need to adjust the tax rate to the conditions, like market conditions.

When we have high appraisals, our taxing entities collect much more in taxes even if they keep the tax rate the same. Keep the pressure on all your taxing entities to lower their tax rates during these high property value times.

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