It has nothing to do with being deep, it is just our reality. Ignorance is bliss!

It's all abstract which is part of the problem. The 80% is probably too high in some areas and way too low in others. A county-wide CLR doesn't accurately represent the situation and still leaves winners and losers.

Good write up, although it should be noted that regular assessments do not necessarily mean regular increases. Adjustments must generally be revenue neutral so millage rates could adjust to keep changes minor. Also, the current system doesn't really allow for taxes to fall in places where values decline - regular assessments would allow that.

I expect any substantial change would also come with an expanded homestead exemption, which I think would be appropriate.

Unfortunately he's such a shitty leader that he couldn't even be bothered to fix this once he had no more elections to worry about

Weird framing on the headline. The current assessment system favors owners already, it just favors long-term owners much more than new owners.

That shit don't work

Why would you assume an assessment at 65% of the actual purchase price is too high?

Half the groceries we get here probably come from California. Shipping is a huge difference here

If you can walk a bit and avoid limiting yourself to one line you should be able to get to the east end on less than 45 min headways

No, those are not neighborhoods. They're municipalities

I think the profitability of these hours at places like this is probably vastly overestimated

LOL

A perfect illustration of the problem

>Non permitted renovations in the $50k range seem to be getting crazy high premiums in the last couple years.

This depends entirely on the location of the house and other factors, and the difference between assessed and true value (before sale) still comes down largely to the fact that the last assessment was in 2012 and doesn't account for vast changes in the housing market since then.

The work in that house isn't limited to a paint job but you are committed to missing the point here. And I don't know what "perfect solution" you are imagining here, I've already acknowledged that no solution is ideal. Only one of us thinks the current model is even remotely acceptable and it's not me! Please go project your goofy arguments on to someone else.

Compelling stuff

The exact same loophole exists now, except in an even worse form as it is compounded by the shoddy CLR.

>I don’t know how you would find these remodels without annual interior inspections of every property in the county.

You wouldn't, just like you don't now. The system doesn't depend on catching 100% of paint jobs in the county. It would catch larger renovations, and even some cosmetic changes are visible from outside and could be picked up in regular assessments. And again, the reassessment at sale (when the most aggressive property investors attempt to realize their gains) can catch many more situations.

You're making a mountain out of a molehill to defend the status quo, but that molehill exists even under the status quo! It doesn't make sense.

Lol I'm in favor of changing the way schools are funded but this is a total digression

Truly bizarre stuff. If one house has had work done and increased in value then it should pay more in taxes. Surely you don't think those houses are worth the same amount? The CLR and irregular assessments are the preconditions for these disparities and you are coming out in defense of them.

The "newcomer tax" can only exist in a system without regular universal assessments. I think you are missing something here. And that 75% is not at all correct.

Rich Fitzgerald Fuck Off Challenge 2023

Yea those ones are quite a bit worse

You can ignore that clown

Chest freezers are pretty efficient actually

You're still 0 for 1000 and counting

Cost still isn't the same as value. Stop treating them as interchangeable.

They don't necessarily reassess after renovation because the whole system is wildly inconsistent. It depends on many factors, including the muni and SD's interest in appealing - I'm not sure the SD even gets building permit info.

Thanks to the CLR and relentless appeals the final change in tax bill is also smaller so it's often not worth the effort. But who knows, under the current system it's just a subjective free for all.