I don't think it work like this. The 10% increase cap is on the final assessed value which didn't change in this case. The market value can go up (or down as much as it needs to) so next year reducing that might eventually come into play but there would be nothing stopping the county from increasing that another 40% next year if they felt the market supported that.
Was going to ask this... still negative? My son has had a terrible cough that's keeping us up all night and a 101-102 fever since Sunday. Went to the Dr and Flu/Covid was negative however he did have 2 ear infections. There still has to be some virus that he has causing the cough I would think. Earlier this week I was fighting what he had too and have been so stuffy and sinus pressure like I'm having an onslaught of allergies. Covid negative too so am at a loss. Wife said new strain might be turning up false negatives...
I would rather all my AISD dollars go to Austin schools versus the State General fund. Why shouldn't AISD be badass? I think it is a big deal that we have to deal with that.
Ugh. I dumped so much in around 2500 back in March 2020 but because of the tech fall i'm below where I was then. If it goes down much more from here I might have to call game over.
What was so special about the owl? It seems like an NFT should have some unique quality for it to go up like that. My portal/ suite is still just treading water. BAYC land sale is interesting. I only saw it from discord the other day… will it be just another universe like sand that you can buy and own a piece of? Sent from my iPhone using Tapatalk
Or a progressive tax rate. I once was a fan of the property tax model but I could see a time coming that the taxes are so high on my unrealized gains I need to leave.
Has anyone had the 10% they increase off the appraised versus the assessed. I looked at mine and they increased it from the assessed which is lower than if they used the appraised amount. If they can indeed use the appraised amount that might be a good reason for me to use pro tax just to reduce the appraised value. Sent from my iPhone using Tapatalk
For properties with exemptions (EX: Homestead), there is a market value reduction fee calculated IF the market value is reduced but doesn’t beat the capped value ($2.50/$1k value reduction). Found this on the site so a reduction in 200k would cost me $5k. Ouch. Time to cancel protax I think. Sent from my iPhone using Tapatalk
My land value barely went up but improved sky rocketed. In Total about 100% higher. Does the additional fee from Pro Tax only count reduction in assessed? Or would they also bill you for reduction on apprised that would not actually affect your taxes? Sent from my iPhone using Tapatalk
Things still hot despite.
Under contract in a day at 100K over ask:
https://www.zillow.com/homes/3510-Lyons-Rd-.num.1-Austin,-TX-78702_rb/2064710527_zpid/
Congrats to the winners:
1st - UT Selena
2nd - TheDukeUT08
3rd - BF Surly Bracket
I will send back the winnings back through how you paid the entry unless you say otherwise.
Next Monday, big timer.
So if we move does that impact the "locking in donation forever" that we were promised last year? Although it seems they might just raise ticket prices to get around it but still would be good to know.
And of course this year the donations to the Foundation are separate. If I could leverage my existing Football donation to get good seats I absolutely would. I guess it's a good thing it's the only show in town otherwise I just don't see how they can expect us to pay these prices.