Lake Medina Topics: to OSMS: re: Tallapoosa Property Tax Increase?
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Name:
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John C
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Subject:
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to OSMS: re: Tallapoosa Property Tax Increase?
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Date:
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3/2/2016 9:00:14 AM
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OSMS, regarding your comment, "property assessments are generally set way above the actual market value of the property."
1.) What data did you use to make that generalization? With the lake front being made up of thousands of parcels, how many did you sample and analyze, and with what method? I'd love to take a look at your study. That would be interesting.
2.) Are you implying that the Tallapoosa County Tax office: a.) knows the "true" market value, but b.) systematically places values above that true market value?
Thanks.
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