A few entries back I wrote about how we were needing to pay more into our escrow account for our property tax. Well yesterday we received a letter from the county assessors' office that our home's assessed value has decreased. It's down by almost 100k! Interestingly the selling/asking prices have been going up in our neighborhood. I'm thinking the county is running a year or more behind in adjusting the values. Sooo I think we will be getting back all the extra money we're putting into escrow. Probably at some point after October. *Arg*
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Recent expenses:
Childcare: $600
Grocery: $140, $31, $43
Target & KMart: $70
Debt Payments: $480
I can't wait for August to be over. And on the other hand I need more money before September starts. Know what I mean? lol!
Property Tax
August 24th, 2010 at 06:37 pm
August 24th, 2010 at 07:10 pm 1282677033
Our County was pretty aggressive last year (we had an appraisal right about Jan. 1, and they assessed us abour $40k lower - no idea why). Or is that the opposite of aggressive? Settling for less revenues?
Anyway, wouldn't you know the re-assessment for this next year is already public data - though we won't get the bill for a month? (Your post reminded me to look!) Looks like we went down $15k this year, or a $150 reduction. Woohoo. Thanks for the reminder.