May 4, 2021
9:40:12am
9:40:12am
This was explained to me when we lived in Georgia. Perhaps it was just a thing
in that county.
It makes sense that the increase is capped, regardless of the nominal rate, because my home has appreciated by several hundred thousand dollars since I bought it but my property tax bill has not gone up proportionally.
It makes sense that the increase is capped, regardless of the nominal rate, because my home has appreciated by several hundred thousand dollars since I bought it but my property tax bill has not gone up proportionally.
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