Property Tax Analysis Terms

AMOUNT DUE Taxes due for next year, based on amounts paid in the previous year and adjusted for inflation of the property's assessed value and/or tax rates.
REGULAR RESERVES Two monthly tax deposits based on "Amount Due".
SPECIAL RESERVES Additional tax deposit anticipated to be required for the next year's taxes, generally due to substantial increases in assessed value, loss of exemptions or additional permanent improvements place on the land.

 

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