Your taxes may be high (or higher than they were last year) for any or all of three general reasons. First, the taxing districts in which your property is located may have asked for more property tax money than they received the year before. A district may ask for more tax money because of inflationary pressure, because it plans to provide more services, or because other revenues are being reduced. Second, your tax bill may be higher than bills for similar properties in the same district because your property is overassessed relative to these properties. Third, your taxes may be high because other properties in a taxing district are receiving statutorily allowed exemptions or preferential assessments. Preferential treatment which lowers taxes on some properties will increase the tax burden on the remaining taxable properties.