As a result of the recent Township Committee mandated property re-assessment, the total value of all property across Washington Township DECLINED by 13.2% from $3,248,332,329 down to 2,820,516,022. The next question many will ask is what this mean in terms of MY property taxes? To answer this question, I have created a simple MS Excel tool you can download and use to see the impact based on your assessment. Just enter the old and new assessment for your home and it will tell you the change in your property taxes per this year's tax rate. Once the new tax rate is determined in the July, your taxes will increase based on the 2010 budgets passed by the schools, township, and county.
If anyone has any questions, post them here and I will answer for the benefit of everyone.