Tue 31 Mar 2009
Made a quick trip to Hillsborough to submit my application for an informal review of my tax revaluation (we took a %35 whack , $327,697 to $442,912 or an $115K increase!).
I definitely wasn’t the only concerned citizen.
A crowd of folks were milling about the assessor’s front desk when I entered at 4:30. From 4:30 on, as I sat downstairs sipping a cup of Femenino coffee (??) at the Weaver St. North, I watched a steady stream of concerned taxpayers – identifiable by the tax forms clutched in their hands – make their way upstairs.
It will be interesting to see how the tax story shakes out this year.
I’ve asked our Town Council numerous times over the last 9 months not to rely on the “automatic” escalation of tax revenues that comes from Chapel Hill’s properties being valued higher more quickly than elsewhere in the county.
A prudent strategy but fiscal prudence hasn’t been a strong suit of the current elective crowd.