Property Owners Told to Brace for Possible Tax Hikes
Many Sullivan County residents will get some bad news this week as they learn exactly how the county’s latest reappraisal will affect their property values and potential tax payments.
Property Assessor Bob Icenhour said the average county land value has increased by about 23 percent since the last reappraisal was conducted in 2005.
“While in a majority of states, property values have gone down, ours have shot up,” he said, adding that some properties will see an increase of less than 23 percent, while others will see more.
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