said by ITALIAN926:Youre still not getting it.
When assessments go down, the tax rates GO UP. EVERYWHERE. Find the tax rates for Maryland for the previous year, and you will find an entire table of different numbers.
Conversely, when overall assessments go UP, MIL rates go DOWN. The town/cities will collect their monies regardless as to what your houses are worth in your area.
Funny, I have my tax forms right here with me and the property tax rate did not change one bit. Again, I am not in a specific town or locality that raises rates on a whim like Annapolis.