The state legislature readopted the 1% limit, the same year as the judge threw it out. The way property tax is calculated is based on the total value of the assessment district, and that district can稚 go up more than 1% plus new construction. It might be that your home increased in value at a rate greater than others in your district and new levies were added. We used to have an assessor that only adjusted every four years on a cycle and during my year it went up like 25% and the next three years it actually went down each year. The ocean front owners really helped keep my taxes down most years.
David
I paid almost to the dollar the assessed value of the property and did my research regarding I-747 before deciding...
About a year after I bought... a nearby parcel was bought by a speculator for an outlandish over the top price... all of the locals thought it crazy but the buyer had plans to make a fortune subdividing...
About 6 months later we all got steep increases and the Assessor used that sale as justification... went on to say the country aggregate was limited but individual property was not... not double but 80% higher...
So the action of one individual sent a shock wave... my property had several building sites and was assessed accordingly per the Assessor.
The Speculator was never ever to realize the grand plan... wetland setbacks took care of that and my property was now also affected... based on the new county overlay maps... I filed an appeal and was told until I apply to build the map and setbacks mean nothing...
It was quite an education and basically you accepted it or moved on...
The tax did go down from 12k to 9k when everything was down... spending life in endless appeals is not my idea of fun...
I have a creek that runs though the property and even get a few salmon most years... truly a special place.
That said... I know I would not have made the decision had there not been I-747... a thousand a month for property taxes would be half my projected Social Security