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[quote="anon-4003"][quote="anon-0112"]Yep, mine is $51 less than last year's. FYI: My property tax over the years (rounded): 2003 $8,400 2004 $8,700 2005 $8,500 2006 $9,100 2007 $11,100 <=== 22% increase (housing bubble peak) 2008 $11,600 <=== financial market crash 2009 $11,600 2010 $11,800 2011 $12,600 2012 $13,300 2013 $13,300 2014 $13,800 2015 $13,700[/quote] So, on average your taxes increased less than 4% per year and about 2% per year since the financial crisis. How does that compare with your expectations?[/quote]
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<table border="0" cellpadding="3" cellspacing="1" width="100%" class="forumline"> <tr> <th class="thCornerL" width="22%" height="26">Author</th> <th class="thCornerR">Message</th> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-5651</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue, Jul 21 2015, 9:25 pm EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Because the warehouse values dropped. If the overall tax base declines then the tax rate has to increase to bring in the same amount of money. <br /> <br />If a home stays flat and a warehouse decreases a million in value then the home will have a higher cost even if the budget remains flat. <br /> <br />If the town's tax base were flat or growing the impact would be minor. A 5% average increase while town value has dropped in the millions isn't bad. I don't think the town value is anywhere close to 2007.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-583p</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue, Jul 21 2015, 8:19 pm EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Over the 12 year period, the taxes went up over 63%, or approximately 5% per year. Over this same period, the CPI has been running 2-3% per year. The school population has also dramatically fallen over this time frame (many grades which had 3 classes of 22-24 children, now have 2 classes of 20-22). <br /> <br />Given the low inflation rate, and a decrease in school population (school being a major component of our taxes), I am not sure why our tax burden has gone up at ~ twice the inflation rate.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-5651</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue, Jul 21 2015, 7:29 pm EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">I am not sure that person was complaining. As the taxes highlight despite the loss of property value and revenue falling dramatically from the warehouse district our taxes increased very little. <br /> <br />The taxes in East Windsor are much worse.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-4003</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue, Jul 21 2015, 6:25 pm EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-0112 wrote:</b></span></td> </tr> <tr> <td class="quote">Yep, mine is $51 less than last year's. <br /> <br />FYI: <br />My property tax over the years (rounded): <br /> <br />2003 $8,400 <br />2004 $8,700 <br />2005 $8,500 <br />2006 $9,100 <br />2007 $11,100 <=== 22% increase (housing bubble peak) <br />2008 $11,600 <=== financial market crash <br />2009 $11,600 <br />2010 $11,800 <br />2011 $12,600 <br />2012 $13,300 <br />2013 $13,300 <br />2014 $13,800 <br />2015 $13,700</td> </tr></table><span class="postbody"> <br /> <br />So, on average your taxes increased less than 4% per year and about 2% per year since the financial crisis. How does that compare with your expectations?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-p0os</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue, Jul 21 2015, 4:20 pm EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon;40qs-58q6 wrote:</b></span></td> </tr> <tr> <td class="quote">You can be sure that decrease will be short lived. Once the new warehouses with the additional heights are "on line" you can be sure that Mr. Mulligan will find zillions of tech things to spend those dollars on and Ms. Goetz will find some more of her "professionals" to give us expensivive reports and Mr. Cook will have us dredging the lake so his lakeside property is "Pristine" and yes there are other projects that will suck up "GRANT" money from our taxes that will "BEAUTIFY" an ever deteriorating downtown of never failing businesses. When will the powers that be get real and leave well enough alone and be happy with things the way they were before the "Nothing is too good for us " crew arrived or in some cases returned from the city to spend our money and erect memorials to themselves!!</td> </tr></table><span class="postbody"> <br /> <br />Is that the troll again?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-8r02</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue, Jul 21 2015, 11:15 am EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody"></span><table width="90%" cellspacing="1" cellpadding="3" border="0" align="center"><tr> <td><span class="genmed"><b>anon-0112 wrote:</b></span></td> </tr> <tr> <td class="quote">Yep, mine is $51 less than last year's. <br /> <br />FYI: <br />My property tax over the years (rounded): <br /> <br />2003 $8,400 <br />2004 $8,700 <br />2005 $8,500 <br />2006 $9,100 <br />2007 $11,100 <=== 22% increase (housing bubble peak) <br />2008 $11,600 <=== financial market crash <br />2009 $11,600 <br />2010 $11,800 <br />2011 $12,600 <br />2012 $13,300 <br />2013 $13,300 <br />2014 $13,800 <br />2015 $13,700</td> </tr></table><span class="postbody"> <br /> <br />The big bump at 2007 was due to the first comprehensive reassessment in years. And, yeah, it was also when housing prices were peaked at the time, but it's the reassessment that caused the spike. Effectively it means that you were under-assessed in the years on your list before 2007 and others were disproportionately paying as a result. <br /> <br />Did you ever ask the Township tax assessor to look at your property in the subsequent years when values declined? That was your right. Many did it and many got a reduction in assessment.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-7789</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Mon, Jul 20 2015, 6:43 am EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">It just shows this person is out of touch. I know for a fact no one from the TC lived in "the city" and it makes it sound like we're all rubes. <br /> <br />The height allowed the TC to finalize a deal to bring in new warehouses which keep our taxes down. <br /> <br />Seems to me this TC has done a better job of financial management given the drop in property values than any TC I can recall in the last 30 years. <br /> <br />Taxes went down and someone complains? As a native born and raised I don't see that as being old time Cranbury, but a trolling post. Which seemed to work. I am amazed anyone volunteers to be on the TC.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-461o</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Mon, Jul 20 2015, 5:44 am EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Wowwwww!!!!! And your probably the first one to complain about every little stupid thing that goes on in town. You can run for a commitee position? Shut up?? Or move if you have it that bad in our town.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon;40qs-58q6</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun, Jul 19 2015, 8:43 pm EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">You can be sure that decrease will be short lived. Once the new warehouses with the additional heights are "on line" you can be sure that Mr. Mulligan will find zillions of tech things to spend those dollars on and Ms. Goetz will find some more of her "professionals" to give us expensivive reports and Mr. Cook will have us dredging the lake so his lakeside property is "Pristine" and yes there are other projects that will suck up "GRANT" money from our taxes that will "BEAUTIFY" an ever deteriorating downtown of never failing businesses. When will the powers that be get real and leave well enough alone and be happy with things the way they were before the "Nothing is too good for us " crew arrived or in some cases returned from the city to spend our money and erect memorials to themselves!!</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-0112</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Sun, Jul 19 2015, 11:40 am EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Yep, mine is $51 less than last year's. <br /> <br />FYI: <br />My property tax over the years (rounded): <br /> <br />2003 $8,400 <br />2004 $8,700 <br />2005 $8,500 <br />2006 $9,100 <br />2007 $11,100 <=== 22% increase (housing bubble peak) <br />2008 $11,600 <=== financial market crash <br />2009 $11,600 <br />2010 $11,800 <br />2011 $12,600 <br />2012 $13,300 <br />2013 $13,300 <br />2014 $13,800 <br />2015 $13,700</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>anon-ppq7</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jul 15 2015, 2:07 pm EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Is this because the tax base has increased?</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row2"><span class="name"><a name=""></a><b>anon-0111</b></span></td> <td class="row2" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Wed, Jul 15 2015, 8:27 am EDT<span class="gen"> </span> Post subject: Re: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">Thanks!</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> <tr> <td width="22%" align="left" valign="top" class="row1"><span class="name"><a name=""></a><b>James Taylor</b></span></td> <td class="row1" height="28" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td width="100%"><img src="templates/subSilver/images/icon_minipost.gif" width="12" height="9" alt="Post" title="Post" border="0" /><span class="postdetails">Posted: Tue, Jul 14 2015, 10:08 am EDT<span class="gen"> </span> Post subject: Property Taxes will be less this year</span></td> </tr> <tr> <td colspan="2"><hr /></td> </tr> <tr> <td colspan="2"><span class="postbody">I am very pleased to let residents know that your property tax rate will be less this year than last year. A house with an assessed value of $650,000 will save $45. <br /> <br />The overall tax rate this year will be 1.898 as opposed to 1.905 in 2014.</span></td> </tr> </table></td> </tr> <tr> <td colspan="2" height="1" class="spaceRow"><img src="templates/subSilver/images/spacer.gif" alt="" width="1" height="1" /></td> </tr> </table>
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