My Real Estate Assessment went up over 2 1/2 percent! I thought Proposition 2 1/2 said it could only be increased up to 2 1/2 percent?

Proposition 2 1/2 is a law that places two constraints on the amount of the tax levy that can be raised by a city or town and how much the levy can be increased from year to year. For more information on Proposition 2 1/2 click here!