A Sure Thing
The old adage that there are only two things in life that are guaranteed — taxes and death — is made even truer by the startling revelation that Clark County residential property taxes have increased by an estimated 35% this year.
Last year, the state legislature capped property tax increases for homeowners at 3%, allowing homeowners’ tax bills to increase by a smaller proportion while average assessed values rose more rapidly.
However, the noted down side is that this effort to cap real estate taxes has created an imbalance between revenues collected and the need for expenditures to cover the cost of education, infrastructure and basic services.
For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513.
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