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Ouch!

July 26th, 2006 at 03:44 am

For those of you who are sick of reading my posts on property taxes, I'm hoping this will be the last one for a while. I got the official stubs from the town today, and my taxes did, in fact, increase from about $8,100 to $10,160/year after the revaluation. I calculated $10,200 based on a sample calculation that the town sent out a while back, so it didn't completely knock me off my feet. What surprised me was that this new rate is for 2006 taxes, and I've already paid February and May 06 taxes at the old rate, so I actually need to shell out $2900 for the next two quarters, before dropping back to $2500+ next year.

So in addition to coming up with the extra money, I need to put aside about $1000/month to cover the new property taxes and house insurance, both of which I pay directly instead of through my mortgage. Ouch.

Onto better things, I made some progress preparing for my trip, including cancelling the mail and paper, and having my sister water the plants. I froze 3 lbs of peaches, 1 cup of raspberries and 2 cups of blueberries, so I'm looking forward to making a great fruit pie when I get home. I also need to take care of a pound or so of cherries, but that will have to wait til tomorrow.

I'm hoping this vacation will be thoroughly relaxing...I can use a few days of nothing!

5 Responses to “Ouch!”

  1. veronak Says:
    1153882208

    Ouch is right, but I am sure you will be able to set aside the money needed for your taxes. Seems like everything is going up but the slary

  2. ima saver Says:
    1153919604

    Wow, if my taxes were that high, I would have to move somewhere else. My taxes were $1300 last year, but will go up this year.

  3. StressLess Says:
    1153921260

    Ouch indeed. I don't tire of your property tax posts, being that we are both in the same state and what's happening to you may happen to us soon. That is a really big jump; I would be freaking out. Have a nice trip.

  4. katwoman Says:
    1153961918

    That number is horrible! Sorry, I haven't read all your blog entries, but have you tried disputing the property taxes? My brother hired lawyers to do this and got them down.

    Another thought....are you one of the lucky people that can pay property taxes with a credit card? Some people have done that using reward type cards racking up air miles. For that kind of money I would definately ask!

  5. tener Says:
    1169422220

    property taxes are a problem, in england its called council tax and amounts seem to go up every year..

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