Real Estate Taxes for 2010 in Ormond By the Sea, Florida

When real estate values in Ormond By The Sea, Florida were increasing drastically several years ago, the property appraiser told you that the higher values would mean higher taxes so any objection to your tax bill would probably be fruitless. As the value of your property began to fall some of you saw your tax bill actually decrease. Values for this year will once again show a decline, probably around 15% according to early guestimations by the Volusia County Property Appraiser. But declining values may not mean a lower tax bill if the taxing authorities do not cut spending. If spending is not cut, tax rates will increase to cover the expenses of taxing authorities.