KCRag Forum

Steve52 wrote: ↑Sat Jun 08, 2019 5:09 pm Well I suppose the most practical question now is what is the simplest and most effective way for people to get in line and appeal. This should be interesting.

Appeal forms are available May 1 yearly and may be obtained by calling the office, visit either location, or download forms online.

brewcrew1000 wrote: ↑Mon Jun 10, 2019 8:57 am Wonder if the people who bought very cheap or a home in really bad condition got hit the hardest then they are shocked to see the rates go up.

beautyfromashes wrote: ↑Mon Jun 10, 2019 9:34 am From an outside perspective you have to think this has to be a sign of progress. When original TIFs start to expire DT the city should begin to see a rapid growth in revenue. These residential property tax increases are just the beginning. You do have to wonder how this will be spent. Will city officials reinvest to continue the rebuild? Will they pay down debt? Expand infrastructure/transportation? If the city saw a 10-20% increase in revenue, where would it go?

beautyfromashes wrote: ↑Mon Jun 10, 2019 9:34 am From an outside perspective you have to think this has to be a sign of progress. When original TIFs start to expire DT the city should begin to see a rapid growth in revenue. These residential property tax increases are just the beginning. You do have to wonder how this will be spent. Will city officials reinvest to continue the rebuild? Will they pay down debt? Expand infrastructure/transportation? If the city saw a 10-20% increase in revenue, where would it go?

brewcrew1000 wrote: ↑Mon Jun 10, 2019 8:57 am Wonder if the people who bought very cheap or a home in really bad condition got hit the hardest then they are shocked to see the rates go up.

flyingember wrote: ↑Mon Jun 10, 2019 9:57 am Remember that the city has no say over the school budget and vice versa.

beautyfromashes wrote: ↑Mon Jun 10, 2019 10:17 am

flyingember wrote: ↑Mon Jun 10, 2019 9:57 am Remember that the city has no say over the school budget and vice versa.

How do we change this?

KCtoBrooklyn wrote: ↑Mon Jun 10, 2019 9:58 am

brewcrew1000 wrote: ↑Mon Jun 10, 2019 8:57 am Wonder if the people who bought very cheap or a home in really bad condition got hit the hardest then they are shocked to see the rates go up.

Mine went up 350%. I have heard similar stories from others in Hyde Park.

Honestly, it was undervalued for years. The assessment had only increased slightly from the 2010 foreclosure purchase price. However, I do think the new value is on the high side. It is probably about what it would sell for if it was 100% freshly renovated, but it still could use some work (and some work done 9 years ago is about needing to be redone).

FangKC wrote: ↑Tue Jun 11, 2019 2:43 pm Property assessments double, triple for some KC residents

https://tinyurl.com/y6pcowfn

Overall , residential real estate property values were up an average 18 percent from two years ago; 16 percent for single-family houses, assessment director Gail McCann Beatty said. Some 84 percent of all homeowners saw an increase, compared to 96 percent who had appraisals go up across the state line in Johnson County.

While more than half of all homeowners—54 percent—saw increases of 15 percent or less, nearly a third opened their tax assessment notice to find that the county’s appraisers hiked their market values by more than that.