Deephaven Real Estate

Deephaven 2008 Property Taxes

The property tax levy totals $1,759,159 in 2008. This represents a $458 decrease over the 2007 property tax levy. The
2008 tax capacity rate is expected to decrease from 15.935% in 2007 to 14.263% in 2008.
Will this lower tax rate in 2008 result in lower city property taxes next year? Yes, your property taxes should decrease
unless the estimated market value of your home in 2008 increases at a proportionally higher rate.