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Originally Posted by ldmarten
I just got re-assessed for a LOT in Washington County, I bought the lot Dec 2004, I paid 225k and 1400 taxes in 2005 and 2006, now they have reassessed the lot because 4 lots sold from Jan 2006 - Jan 2007! I have had mine on the market for 18 months. My new assessment is $2600; I am totally appalled that they can do this!! I live in California and our taxes are determined on purchase price and increased yearly by some formula, but I have NEVER been assessed DOUBLE. I called the assessors office and was told "too bad" that is the way we do it in Utah, I feel raped!!
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As much as many people in California hate it, Proposition 13 was enacted to prevent the kind of taxation you just experienced. Bureaucrats will drive you into the poor house and retirees on fixed incomes into the streets without controls. Yes, newer property owners pay more than older property owners in California, but 13 stopped the huge jumps you just experienced.
Believe it or not, the system of property taxation in Utah is the norm throughout the United States. On a regular cycle, the Assessor will survey the surrounding property values and then assess your property in keeping with the average. Increasing property taxes—was—the most common method of increasing revenues in California prior to Prop. 13. Considering the conservative nature of Utah, the Utah Legislature better be careful or the equivalent of Misters Jarvis and Gann will appear and place a 13 type referendum on the ballot.
I’m feeling fortunate. My property taxes went down, but then again, I’m the only one who has built in the area in the last 10 years. I have mostly open agricultural property around me.