Are You Paying Too Much in Property Taxes?

Today’s episode is focused on property taxes. This is the principal method that cities use to collect revenue to fund the operation of the city for everything from police, fire department, road repairs, and community housing. But the assessed value is key to determining the revenue to city will received. The city can hide a tax increase by arbitrarily determining that your property is now worth more. If you feel that your property taxes have been unfairly assessed, there is a process for appealing the assessment.