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<blockquote data-quote="Rowdie" data-source="post: 402688" data-attributes="member: 272"><p><em>Any property owner with a 2024 real estate valuation increase of 10 percent or more and $3,000 or more from the prior year’s assessed value will be receiving the notices. The city stresses the notices are not tax estimates but <strong>statements of the current market value of the property as <em><span style="font-family: 'verdana'">determined by the city</span></em><span style="font-family: 'verdana'">.</span></strong></em></p><p><em></em></p><p><em>Property valuations are annually adjusted based on prior year sales of comparable properties in Bismarck. Other reasons for an adjustment may include properties with a new structure, remodel, structure addition, situations involving the expiration of an exemption, or any combination of the above.</em></p><p></p><p>Property taxes are such a scam.</p></blockquote><p></p>
[QUOTE="Rowdie, post: 402688, member: 272"] [I]Any property owner with a 2024 real estate valuation increase of 10 percent or more and $3,000 or more from the prior year’s assessed value will be receiving the notices. The city stresses the notices are not tax estimates but [B]statements of the current market value of the property as [I][FONT=verdana]determined by the city[/FONT][/I][FONT=verdana].[/FONT][/B] Property valuations are annually adjusted based on prior year sales of comparable properties in Bismarck. Other reasons for an adjustment may include properties with a new structure, remodel, structure addition, situations involving the expiration of an exemption, or any combination of the above.[/I] Property taxes are such a scam. [/QUOTE]
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