According to property appraiser, Rob Turner, property values slid 4 percent for 2008. While in the last four years there have been double-digit increases.
It was the first decline since the real estate slump of 1992, and another sign that local governments, used to living large on the bounty of the building boom, will need to slim down this year.
For more information on the property values of Hillsborough County click here
