Many of us just received our notice of proposed taxes and assessments for our homes in the mail. Why am I not surprised? Market value is down according to the Orange County Property Appraisers office by 18% from last year yet the assessed value (the taxable value) is UP. How do they get away with this? Well because under Save Our Homes they are allowed to raise the assessed value up to 3% a year even though people are hurting financially, and unemployment is a huge problem. This is because the assessed value is still way below the market value.
I'm sorry but I think it is unreasonable and mean spirited to raise taxes during an economic recession. They should be lowering our bills; not raising them! I think each and every one of us should complain to the Property Appraiser's office. Their phone number is 407 836-5044.
Sorry if I sound irritated but I AM!