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I don't feel that the increase in values is unreasonable, if anything assessment and housing prices here and at the beach end of the county are currently more in line with actual values when compared to similar economies in other areas of the country; by no means overvalued and still cheaper per dollar earned than most from what I can tell.
What we're getting for our money is expansion of roads and schools and such that is ahead of population growth, so increased tax revenues seem to be going to the right place at this point.
Maybe I feel it's more of a market adjustment, prices and taxes in the county have been flat for about a decade in the midst of strong economic growth, and feel that the current assessment does bolster (or reflect?) current prices and values. By no means would I expect a similar jump in assessed value to drive house prices/values up next year.
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