Did you receive your 2012 Delaware County property tax bill yet? I received mine today. Oh, yay!
Along with the invoice was a post card explaining that although the assessed value of our properties had decreased, our taxes may not decrease due to various levies being passed.
The assessed value of my property went down 9½%. The Auditors are notorious for referring to the “value” as market value. Market value is what a buyer will pay for your home. The Auditor’s don’t know what that price is because they’ve never been inside your home to know whether it’s in top condition or not. It’s merely an assessed value which they use to calculate what tax amount you’ll pay. Since I’m not planning to sell, I’m OK with a reduced amount for calculating the taxes.
Even though my assessed value declined, the amount of taxes I owe increased 7%. The lion’s share of my taxes go to the schools – to the tune of 79%! A huge school district tax levy was passed last fall, so that isn’t surprising.
Knowing what the school district pays-per-student, I seem to be funding the cost of one child even though I don’t have any school age children. Thus, to whoever’s kid I’m supporting … you’re welcome!
BTW, the bill is to be paid to the County by Feb 10.
