Sean C. Morgan
Of The New Era
The total property value for the city of Sweet Home increased by 8 percent from fiscal year 2004-05 to 2005-06.
Sweet Home property values reached $286,064,863, a gain of $20,540,863 over $265,523,918 in 2004-05.
Assessed property values are allowed to increase by only 3 percent per year by law.
Anything beyond that represents new construction, remodeling and property sales, Sweet Home Finance Director Pat Gray said.
From 2002-03…