--- In AsburyPark@yahoogroups.com, wait_foru <[EMAIL PROTECTED]> wrote:
>
> So the question is who is spending the other 93% of taxes and what is 
to show for it? 


Your school district is spending 100%. So for example, you get:
$100 million to spend.
 - City landowners (those that are non-exempt) pay: 7% of the that: $7 
million
 - The balance of is picked up by the state. As in the rest of the tax 
payers.

 - So now suppose instead of paying $2000 in school tax on your 
property, you were hit with a tax bill of $5,000 for your school taxes. 
THEN add in your city taxes, county tax etc.

And you haven't been hit with a reassessment. Good thing. You should 
hope the market stays depressed til the time comes.  



 
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