Sunday, December 1, 2013

FY 2014 Proposed New Assessed Values

The Board of Assessors has posted the following notice on the assessed values for Fiscal year (FY) 2014. The property values are increasing which is good on two counts: 1 - a sign of the economic conditions improving (2) this should also mean that the property tax rate will go down when it is set in December.

Note as reported here annually, the rate goes up when property values go down, and the rate goes down when the property values go up. In either case, the amount of tax levy usually increases. How much we will be asked to pay individually will vary on a number of factors.






FY 2013 property tax rate info
http://www.franklinmatters.org/2012/11/tax-rate-info-for-fy-2013-updated.html

FY 2012 property tax rate info
http://www.franklinmatters.org/2011/11/fm-101-tax-rate-info.html

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