Tax cut + rebate = pay more

Published



Homeowners will get $221 back from the county next year for their primary residence, and will see their property tax rate drop by 5 cents per $100 of assessed value under the plan the council unanimously approved Wednesday.

But the combination still means that nearly all homeowners countywide will pay more in property taxes this year due to rising property values. Homeowners can expect to pay anywhere from $5 more on a $300,000 home to nearly $300 for a $1 million home, after the rebate.

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