Re: Understanding property taxes.... - Saab General Bulletin Board - Saabnet.com
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In Vermont we have a very complex funding formula for school taxes which attempts to equalize property taxes throughout the towns of the state for comparable ed funding. One part of this is the CLA, or common level of appraisal, which corrects for old assessments based on the current market. Something like this may be what you've encountered.
I had to learn this stuff when I served on the school board. I'll defend it to the extent that I think the intent was right.You have to study it a lot to understand how it works. In some cases it's the luck of the draw whether you're a winner or loser.
Posts in this Thread:
- Understanding property taxes...., GFW3pedals , Fri, 27 Feb 2015 07:03:56
- This varies by state, city and town, Noel, Sun, 1 Mar 2015 07:36:06
- Re: Understanding property taxes...., DickT , Sat, 28 Feb 2015 15:39:57 <-- Viewing This Message
- Give a call to your town hall.., Sondeen , Fri, 27 Feb 2015 12:58:40
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