Arizona Tax Research Association
East Valley Tribune
News that property values are rising throughout the East Valley — in some areas dramatically so — should bring smiles to many homeowners' faces. It's one of the few investments that have been going up instead of down in recent years.
But the news also will bring smiles to many local government officials — and not for reasons that will please owners of homes and businesses. Rising property values make it easier to slip property-tax increases past taxpayers.
It happens all the time, and homeowners often are unaware until their get their annual property-tax bill.
But the news also will bring smiles to many local government officials — and not for reasons that will please owners of homes and businesses. Rising property values make it easier to slip property-tax increases past taxpayers.
It happens all the time, and homeowners often are unaware until their get their annual property-tax bill.
