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.