Yesterday, most in Liberty County received their tax statements for 2010. I have talked to many individuals who have stated that their rate didn't increase but their appraisal value increased in some cases up to 30%. Most are mad as hell.
In the current market most Home Values are decreasing but I consulted a local Realtor and he stated, "The property values are starting to increase ever so slightly".
With the ever decreasing sales tax revenues for Liberty County, I am sure that most expected a tax increase. Not in this County. One commissioner stated, "Our tax rate is 4% lower than ten years ago" in one of his press releases.
I questioned this tax/value increase and it was said that they are using a new appraisal evaluation structure for improvements like storage sheds etc...
Is it that it is election year and the current commissioners didn't want to raise taxes so they had them raise they values to keep them looking good?
Liberty County continues to amaze me in it dealings. With other counties property values going down due to a slow economy Liberty County's property values are increasing even with a 11.1% unemployment rate(as of 2/2010).