@JohnPasalis While it's commonly understood that "cost" doesn't always equal "value," this largely depends on how the property is valued. Why do you think the cost of such improvements typically contributes less to the overall market value? Could it not in some cases contribute more?
@JackLondon48638@onespeckofsand@ronmortgageguy It hasn't been called a mill rate for a long time. You are correct that municipalities will simply increase the tax rate in response to frozen assessments from MPAC.