Quit playing ‘value’ games

Now that tax assessments are being mailed out, a trip to the Assessor’s website by taxpayers might be appropriate. Here in part is what you will find:

“The Assessor does not create market value. Market value is the price a willing buyer and seller would agree to under ordinary circumstances. This does not mean that an individual sale will automatically establish the value of a property. The Assessor uses multiple sales of comparable properties to establish value.”

“The amount of your property tax bill is based upon the costs of your state and local government and voter approved levies. This includes the operating costs of your schools, city, county and taxing districts such as hospital, fire and sewer districts. The assessed value of your property is multiplied by the tax rate necessary in your levy area to produce your fair share of the total levied tax by these jurisdictions.”

You have to love: “This does not mean that an individual sale will automatically establish the value of a property. The Assessor uses multiple sales of comparable properties to establish value,” and “the price a willing buyer and seller would agree to under ordinary circumstances.”

In other words, the assessor is told how much money is needed and then they manipulate the actual sales values to meet that total.

I would think The Herald should investigate how these manipulations actually occur. Frankly, that’s the only reason I subscribe to The Herald. In my opinion, that is the purpose of a local newspaper.

Printing the actual statutory and/or regulatory law should be in your article that provides the assessor the authority to manipulate the “real” market value versus the “assessed value.”

Let’s quit playing games. Our assessment should clearly state; “market value plus whatever the elected politicians tell us is needed to pay the bills.” In fact, these two numbers should be clearly stated on our assessments.

Gerald Plowman

Arlington

More in Opinion

Editorial cartoons for Thursday, Dec. 14

A sketchy look at the day in politics and society.… Continue reading

Editorial: Don’t reverse rule on oil train brakes

The Trump administration, in its haste to reverse an Obama-era rule, is jeopardizing public safety.

Will: Moore’s loss hasn’t lifted stain of Trump’s endorsement

After his support of the grotesque, Trump should be shunned by all but his diehard supporters.

Ignatius: Mad dash to pass a tax bill will have consequences

Law professors warned last week the reforms will produce “tax games, roadblocks and glitches.”

Many reasons for low voter turnout

I think we should consider the following issues may have also contributed… Continue reading

Gun violence figure cited in letter is absurd and bizarre

An assertion by the author of a letter to the editor in… Continue reading

Trump presidency best shot at strong economy

A recent letter opined that our economic growth over the past year… Continue reading

Editorial cartoons for Wednesday, Dec. 13

A sketchy look at the day in politics and society.… Continue reading

Editorial cartoons for Tuesday, Dec. 12

A sketchy look at the day in politics.… Continue reading

Most Read