Oh, the Poor Dears
It’s amazing how the government shills whine about falling revenues. The New York Times is the latest, writing in the lede paragraph on Sunday.
“Homeowners across the country are challenging their property tax bills in droves as the value of their homes drop, threatening local governments with another big drain on their budgets.”
The Times reports that property tax revenue is falling in some states “for the first time since World War II.” In addition:
“The requests are coming in record numbers, from owners of $10 million estates and one-bedroom bungalows, from residents of the high-tax enclaves surrounding New York City, and from taxpayers in the Rust Belt and states like Arizona, Florida and California, where whole towns have been devastated by the housing bust.”
In Arlington County, the Board of Equalization of Real Estate Assessments (BoE) is the second-level review of the assessed value of your real property although there can be a first-level, or administrative, review. Property owners not satisfied with the decision of the BoE can appeal the BoE’s judgement to the Circuit Court.
As of this evening, the agendas (but not the decisions of the BoE) for the June 10 and June 17 meetings have been posted. BoE meetings are open to property owners and taxpayers.
Need assistance in fighting property taxes? The National Taxpayers Union publishes “How to Fight Property Taxes,” a “step-by-step booklet.”
HT: Jeff Dircksen blogging at NTU's Government Bytes.