UPDATE: August 2, 2012
Although the property tax assessment rolls went down only 4.37% per the tax assessor, many in the County are complaining that their property values went down more like 10 to 15%. So what happened?
How these figures are arrived at is in question, but the main issue is that the Tax Assessor has actually created a windfall for our County Supervisors of somewhere around $500, 000.
In fact, we understand that the next agenda (they get a three week break between the last meeting) they will have an agenda item to decide on what to spend this money.
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