The valuations of property has been so far out of whack for so long that this (an increase) had to happen sometime. The problem is that taxes are such an emotionally charged issue and no one likes to pay them, but the goal is to make sure that everyone is paying their fair share, and no one is getting a better deal than anyone else.

If an area is undervalued, they are not going to be paying their fair share of expenses and yet get the same benefits as others where the property isn't undervalued. I think the numbers we're using now are fairly close to what the state wants, but everything depends on the housing market.