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About Your Tax Bill…

Last week, the Washington City Paper published the neighborhood-by-neighborhood map of how residential real estate assessments rose or fell from 2008 to 2009. It came as no big surprise to GM that Georgetown’s numbers were down. Specifically, the total assessment of Georgetown residential property fell from $3,743,858,260 to $3,666,092,440, a 2.08% drop.

So does that mean Georgetowners can expect a lower tax bill next year?