View of the Reno Sparks night skyline from Rancho San Rafael Regional Park
View of the Reno Sparks night skyline from Rancho San Rafael Regional Park

Will My Tax Bill Increase By The Amount Of The Corresponding Cap?
Not necessarily, any property where the percentage of tax increase is less than the corresponding cap, and there is no prior abatement, will only be billed the original increase of the taxes. The corresponding cap will not automatically increase the tax bill.