As an example, if we lower your taxes by $2,000 per year, you pay us $1,200 and keep $800. In all subsequent years you keep 100% the savings (which increase each year as tax rates go up). Could your taxes be raised as a result of this process?
NO! They can only stay the same or decrease. And, your home will not be reassessed again until the infrequent event of a town-wide reassessment, or if you do major home improvements.