I think they will have to lay off people and still try to increase our taxes due to the timing of when the money would be collected from the increase in property taxes.
I will be fighting the assessed value of my home considering the model home that was listed for $359,900 in our neighborhood has been foreclosed on and is now for sale by the bank for $229,000. I do not believe that my house has only gone down by $2000 since we purchased it in 2006 according to the recent tax assessors valuation.