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Now that the federal government is making its final set of pennies, many across the country are wondering if our pocket change is about to soar in value. FOX23 went to Tulsa Gold & Silver to find out.
Appraised value forms the basis of property tax bills. A property owner can file an appeal, or "protest," to try to reduce the appraised value. The deadline to do so is May 15.
The taxable value jumped 10.2% to $262,187 from $237,817 in 2023. By law, the appraised value of a primary residence can’t be raised more than 10% a year, a limit known as the “homestead cap.” ...
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