Board Of Aldermen - Minutes - 6/21/2022 - P9

2022 Revaluation

Potential Impacts (Estimated)

>

Overall values of Within the Residential values This results in a shift
properties are residential class, are increasing at a of the property tax
increasing. property values are higher % rate than burden from
increasing at commercial. commercial to
different % rates. residential.

©) FY23 BUDGET PRESENTATION JUNE 21, 2022