By Nathan Vinson, Attorney
English, Lucas, Priest and Owsley, LLP
Everyone who owns a home gets a bill from their local municipality for property taxes. It’s not a surprise that it’s coming. Most of us sigh, write the check (or let your mortgage holder do it) and move on, wondering what that money really does, anyway. (Short answer: it funds governments and schools.)
But every now and then, you get a property tax bill that makes you do a double-take because it is larger than you expected. There are a few reasons this can happen.
- Your local government entity increased its tax rate.
- Your property was recently re-assessed, and the value has increased.
- A new tax referendum passed, increasing your rate.
- Someone made a mistake.
You don’t have to accept the tax bill you’re sent if you truly believe the tax rate or assessment is wrong. You can protest – and I’ll walk you through how to do that.