Good Information

Just FYI: To figure the impact take assessed value after subtracting any exemptions. Divide that by 100 and then multiply by .3939 (the rate in the referendum question). 

 

Chris made it simple for me.  For every 100K of non-homesteaded property it will be $393 ($400 approximately).  So every business or real estate portfolio of $1 million will incur almost $4,000 more a year.  On top of all the Property Tax already billed.  Several of your members have portfolios that size and that's another motive for Delaware Co to keep climbing assessments.

 

Let me know what you suggest.

 

Victoria