How can my taxes be increasing when values are dropping ?

This is one of the most frustrating situations for the taxpayer and for the Assessor's Office. The main culprit behind such a phenomenon is the tax cap. Assessed values times the tax rate no longer equals taxes. It is difficult to explain here without examples. Therefore, for a much more detailed explanation that can be given in this space read our Explanational Brochure (PDF).

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1. I received a Deed Processing Notice. What am I supposed to do?
2. What is the responsibility of the Assessor´s Office?
3. Why have values increased in such a poor economy?
4. What is this assessment card I get in the mail in December? What does it all mean?
5. Who determines the tax rate?
6. Who collects taxes?
7. What is the difference between the “appraised” and the “assessed” value of property?
8. Why would my taxes change?
9. What is factoring?
10. How often would my value change?
11. How does my assessed value relate to market value?
12. How can my taxes be increasing when values are dropping ?
13. What if I don't agree with my assessed value?
14. What statutes govern the Assessor's Office?