It is the time of year that everyone owning property in Ada
County received the tax assessments.
What does this mean to the average home owner? It probably will make their home mortgage go
up to compensate for the increase.
When you purchased your home back at the closing company you
saw what your monthly payment would be and you placed this into your
budget. Now what do you do when your
taxes have risen in some areas 10% or higher?
At the same time the taxes in Ada County have increased, the amount of
the homeowners exception have decreased, this causes a wider increase in money
out of your pocket.
This year with all of the School problems it has become a
year of government getting back some of the money lost with the great depression. Yes I said depression.
The tax assessor will give his reasons for the property
values to go up, but it doesn’t take into consideration the individual homes
value. He still gets his information off
of the neighborhood houses that have sold in the area. (If you think he is out looking at your house
you are wrong).
So we go along the merry way and pay for all the governments’
services and beyond. It looks like the
assessor will be busy with lots of folks not agreeing with his assessment of
things.
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