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Looks like our tax rate is going to have to go up.
Riverside Info » About Riverside
Riverside Township assessments going down 12%
(4 posts)-
Posted Thursday May 28, 2009 13:03 #
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Here's the link for the Case-Schiller graph - based on ten and twenty markets. This is through last year. It is now well above 30% nationwide average. Riverside seems to be holding value better than Cicero and some other nearby places.
http://www2.standardandpoors.com/spf/pdf/index/CSHomePrice_Release_082653.pdf
Value loss nationwide is in the trillions...
Posted Thursday May 28, 2009 14:28 # -
I thought our assessments were triennial? [I did not read the article.]
Posted Friday May 29, 2009 18:21 # -
Normally so, but they acted sooner because of large drops in value.
Posted Friday May 29, 2009 18:42 #
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