Franklin County homeowners will pay on average about 2 percent more in property taxes next year based on appraisal estimates released July 17 by county Auditor Clarence Mingo.
Taxpayers can blame a booming housing market for the increase. Mingo’s office concluded that home values rose 14 percent since property values were last updated three years ago.
“To the extent the double-digit increases are shocking to taxpayers, it’s only because we lived previously with values increasing marginally or even decreasing,” Mingo said.
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