Taxes go for many services. Some of them are; schools, roads, street lights, parks, zoos, city government, city workers, police, jails, museums, garbage pickup, street cleaners, and many other things. Each of these things gets a bit from the taxes and also have added taxes onto the property tax bill for its support and services. In CA in the late 1970's a tax payer group was able to pass a law about property taxes and today we are loosing parks and other things because the money isn't there anymore. Paying taxes isn't fun, but if we want to have the services they provide we need them.
Appraisals can impact property taxes by determining the value of a property, which is used to calculate the amount of taxes owed. Higher appraised values can lead to higher property taxes, while lower appraised values can result in lower taxes.
No, an appraisal of your property will not directly raise your taxes. Taxes are typically based on the assessed value of your property, which may or may not be the same as the appraised value. Appraisals are used for determining the market value of your property, while assessments are used for tax purposes.
Property taxes are taxes imposed on real estate by local governments, typically based on the assessed value of the property. The revenue generated from property taxes is used to fund local services such as schools, infrastructure, and public safety. The amount of property tax owed is calculated by multiplying the property's assessed value by the local tax rate.
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Property taxes are normally used to fund the services in the area, such as police, fire department, roads (and plowing them!) and local library. Some portion of the taxes are used to fund the school system. If you are getting it for free, it is normally being paid for through property taxes.
Property taxes
Escrow account is used to pay the taxes and insurance of the property
Property taxes, Real estate taxes, ad valorem or millage taxes
Property taxes, real estate taxes, ad valorem or millage taxes
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