The article titled “Proposed Roosevelt budget less than $1M” in the April 22 edition misstated that the average property taxes in Roosevelt would decrease as a result of an across-the-board 20 percent reduction in land values this year. According to Tax Assessor Michael Ticktin, while assessments are about 12 percent lower, on average, for 2010 than for 2009 because of the 20 percent across-the-board reduction in land values, this will not mean a reduction in average property taxes. Ticktin said having the same budgets and a lower aggregate assessed valuation necessarily means that the tax rate will be higher.
