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County Assessor Jim Rooney Talks Property Tax |
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Friday, 07 March 2008 |
 Also at the Sutter Creek City Council Meeting,
county assessor Jim Rooney discussed projections for property tax revenue in the coming year. He said that property taxes in 2008
are estimated to be 4 to 6 percent higher than last year. He explained
that in recent years, property values in most of Amador County
have been increasing, but in 2008 less of an increase is projected. This
“decrease in the increase” of property values is due to the housing market
slump and the lack of new development. He also reminded the council that homeowners with a high
property tax can go to the county to have their property reassessed,
which could lead to a decrease in the amount that they have to pay for property tax. At the end of the discussion, Mayor
Gary Wooten summed it all up by saying that the city would “be a little careful
on their budget assessments for property tax” in 2008.
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Last Updated ( Thursday, 20 March 2008 )
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