Can the Limited Property Value go up and the Full Cash Value go down?
Yes. When there exists a large value spread between the full cash value and the limited property value, the limited property value will increase even though the current years full cash value dropped. In no case can the limited property value exceed the full cash value in any given year.

Show All Answers

1. Why did I receive this notice of valuation?
2. What does it mean?
3. Does everyone get a notice?
4. What is the legal classification of property?
5. Why are 2015 values being set now?
6. Why did the Full Cash Value go up?
7. Can the Limited Property Value go up and the Full Cash Value go down?
8. How can the Full Cash Value Increase In a depressed market?
9. Did every property owner get the same increase/decrease?
10. Why did the value go up when I have done nothing to the property?
11. What can I do about the increase?
12. Are my taxes going up?