For the bill mailed in nov is that for the 2008 value or the 2009 value?I was under the impression that tax bills for property are 1 year in arrears.thanks
For the tax bill you will receive this fall: The assessed/taxable values will be stated as 2009 for your taxable property. The values the property appraiser used to make these determinations were for sales/new construction etc for the period 1/1/2008-12/31/2008. The tax monies collected will operate the taxing agencies in 2010.
Therefore, the 2009 real estate sales/new construction values will provide the appraiser with our 2010 assessed/taxable values. Watch for significant (IMO) decreases in sales prices due to the foreclosures/short sales and bank owned properties being sold post foreclosure.
If you pull up your prperty on the appraiser's website now-it reads 2008 for your values. Once the appraiser certifies the roll & updates his website, then our property site will state 2009. I am new posting so do not have a clue if I typed in the appropriate place.