What we learned about Brooklyn’s 27% tax-base increase and what it means for homeowners
Brooklyn's property-tax base increased following a county reappraisal. However, homeowners' tax bills did not rise proportionally due to falling effective rates and a new school bond tax.
Brooklyn’s property-tax base jumped after the county reappraisal, but falling effective rates and a new school bond tax mean homeowners’ bills did not move in lockstep with values.
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