2007 Tax Roll doesn’t reflect falling prices

by August 30, 2007 • 0 comments

Commissioner George Gainer claims that the new tax rolls don’t reflect the price correction this market has experienced stating that valuations and assessments are still too high. He plans to challenge this in the September 4th commission meeting, although it is uncertain whether he has the authority. Bay County Property Appraiser, Wayne Spitzer encouraged this as he believes that the appraisals were high. The current millage rate was recently lowered from 4.1620 to 3.7915, but Gainer wants to take a closer look at the actual assessments.

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