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We do have a tax base. That statement confuses me too. Plus, the fact is, we already have pretty high taxes.

For example: I have a home that's just like this one http://www.zillow.com/homedetails/6-Belvedere-Dr-Bristol-RI-02809/65848516_zpid/. My "Zestimate" is $18K less and my appraised tax value is $56K less however my taxes are $1,000 higher and about to go up 7.6%.

As you can see, a comparable property (3br, 2,000 ft cape w/ 2 car garage sitting on a 10,000 s.f. lot ), has a market value of about 6% less in Warren but, my taxes are 25% more in Warren and heading higher very soon.

From: Warren gets state OK to exceed property tax cap

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A lifelong Portsmouth resident, Jim graduated from Portsmouth High School in 1982 and earned a journalism degree from the University of Rhode Island in 1986. He's worked two different stints at East Bay Newspapers, for a total of 18 years with the company so far. When not running all over town bringing you the news from Portsmouth, Jim listens to lots and lots and lots of music, watches obscure silent films from the '20s and usually has three books going at once. He also loves to cook crazy New Orleans dishes for his wife of 25 years, Michelle, and their two sons, Jake and Max.