Data from North Carolina points to a nationwide problem: that services may be going unfunded in your community because of flawed processes, sloppy math, and lack of respect for the law in the property tax system.
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In Buncombe, NC, flawed computer formulas are being used to generate thousands of dollars in "tax breaks" for owners of larger, more expensive homes.
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Detroit is studying a solution that might curb the raging decline of the city: a split-rate tax.
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Alex Alsup comes back to the Strong Towns Podcast to talk about property taxes and assessments in Detroit—and a useful tool that homeowners, assessors, and nonprofits can use in balancing this imbalanced system.
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All over the U.S., studies have shed light on how much residents in lower-valued homes are being overassessed on property taxes. Now, Buncombe County, NC, is offering residents a space to appeal their assessments.
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Neighbors in Chapel Hill, NC, mobilized to raise awareness of property tax inequities within their community…and ultimately brought about a $7-million reduction in home assessed values.
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This new interactive map shows homeowners how their home assessment compares to other properties nearby—and has exposed that many homes of similar value are being overassessed.
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