Monday, May 12, 2008

Don't forget the phase in..

Several of you have contacted me about the impact of our budget on your taxes. Some of you have taken the new mill rate (21.35) and multiplied that against your new assessment. This is a mistake because you are forgetting the phase in of the reevaluation. There is no easy way to determine your tax liability, I would suggest that you contact us at the office (797-4511). But rest assured that the majority of residents will see between a 5% to 7% increase.

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