Property tax hike

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  • Gildas LOGAN, UT
    June 29, 2013 9:36 a.m.

    Property tax is supposed to rise and fall with the market value of housing so I thought. So why a hike at the moment when prices are still relatively very low?

    It seems as though when the market price of housing increases you get a at least a commensurate increase in the tax, but when it falls they change the figure by which the estimated market value is multiplied to ensure they get the same or a higher tax.