How would a “revenue neutral” tax rate affect my tax bill for 2009?
The impact will vary. If the town boards join the county in adopting a “revenue neutral” tax rate, all property owners will get some relief in that their tax bills will not be as high as they would without the new “revenue neutral” rate. However, the net impact on individual taxpayers will depend on how much their real estate property values changed due to revaluation and how the new tax rate affects their motor vehicle and personal property tax bills.
