Budget

Happy New Year everyone. Wishing you and your family the very best in 2020 and always. This blog is a harder one for me to write. The budget process is scheduled to start in a couple of weeks and after the chaos and fall-out from last year’s budget crisis, it is imperative that we are prepared as we head into this year’s budget season. In order to avoid another crisis, we need to have some…

There are two factors that affect the property tax that a resident pays. The first component is the value of the property and the second component is the tax rate. If your property value goes up and the tax rate goes up, your taxes will be high. If your property value goes down and the tax rate goes down, your taxes will go down. However, while residents may know if the value of their house…