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There's no excuses to revalue the property? Not sure what your talking about. Bigfish if that's how you think it works then I suggest you go talk to your assessor and ask them specifically how they value your house and how the tax system works. I don't think you understand right now based on what you say here..
If it takes $20 million to run the town each year then they have to set the tax base on what they need for income. If people file for abatements then they still need the same $20m to run the town. They won't revalue your house arbitrarily they will raise the tax rate. It goes hand in hand with what the house is worth. If you sell your house tomorrow the next owner will pay taxes on the new mls sale value until such time that they determine through comparable property sales that the rates have fallen. It just so happens right now they say my house is worth less than what the last mls sale was. Even though comparable properties are selling for the same or more than the original amount I paid for my house. If that tax income goes down it's got to be made up somewhere. By law they have to first apply to the state for a change in tax rate, the state audits their books and looks to see if it's justified for what they need.
And this doesn't take into account rates which are disapproved or town meeting etc failures in votes which result in cuts etc.
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