How much will an override cost taxpayers?
For all residential property taxpayers, the cost of the full $ 6.2 million override would represent a 4.6 percent increase over FY08 taxes. So if you paid $ 6,000 in property taxes in FY08, you’d pay $ 276 more next year if the full amount of the override passes. What amount you will pay is determined in part by your federal tax bracket and whether you are subject to the Alternative Minimum Tax, but to see exactly how much the override would cost you, click here.
