In a recent special meeting of the Washington County Board of Supervisors, held on December 18, 2024, members addressed the surprising surge in property assessments that has left many residents concerned. The meeting, marked by a palpable sense of urgency, highlighted the challenges posed by rising property values and the implications for local tax rates.

As discussions unfolded, one board member expressed astonishment at the staggering 113% increase in assessments, attributing the trend to escalating property prices that began during the COVID-19 pandemic. He noted that while some buyers were willing to pay inflated prices for homes, many residents in Washington County were being pushed out of the housing market due to stagnant median incomes. This sentiment resonated with others in the room, who acknowledged the difficulty of navigating the current real estate landscape.

The board members emphasized their commitment to addressing these issues, with one member recalling that this would be his sixth assessment cycle. He pointed out a historical pattern: while assessments typically rise, the board has consistently lowered tax rates in response. However, the specifics of the upcoming tax rate remain uncertain as they await further revenue analysis.

The conversation also touched on the need for continued funding for essential services, including education, law enforcement, and emergency services. Board members reassured residents that despite the rising assessments, they would work diligently to ensure that tax rates would not reflect the inflated property values. They reiterated their intention to lower the tax rate, aiming to alleviate the financial burden on homeowners.

As the meeting concluded, the board encouraged residents to reach out with questions or concerns regarding their assessments. They emphasized the importance of communication and transparency as they navigate the complexities of the budget and tax rate setting process. The discussions underscored a shared commitment among board members to balance fiscal responsibility with the needs of the community, leaving residents hopeful for a thoughtful resolution to the challenges ahead.