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Rollback changes mean higher property taxes for residents despite lower rate - Vimarsana News

Rollback changes mean higher property taxes for residents despite lower rate

NewsSportsEntertainmentLifestyleOpinionUSA TODAYObituariesE-EditionLegals Burlington property owners will see a levy rate decrease, but rollback changes will mean higher taxes for residents Changes in how DesCom will be funded in Fiscal Year 2022 mean lower rates, but rollbacks will mean an increase in taxable valuation. The Hawk Eye Burlington residents would see a decrease in their combined city-county tax bill if not for those pesky rollbacks. Thanks to a change in rollback rates, which are set by the state, residents will see their taxes increase. The Burlington City Council on Monday ...