By: Diane Benjamin
At the Monday Bloomington City Council meeting the City will claim that property taxes are not being raised. The two charts below show the library wanting a $0.03 increase and the City recommending a $1.02 decrease. (http://www.cityblm.org/Modules/ShowDocument.aspx?documentid=11609 PDF pages 171 and 182)
Both charts show magic! The library shows the Old Bill and the New Bill will be the same even with the .03 increase! The City chart shows you will save a dollar! WOW celebrate!
Trick or Treat! A little late for Halloween.
Start with the library. If your bill was $138 last year and your home was valued at $165,000 – this year your home won’t be valued at $165,000! It will have been re-assessed. Your home could have increased in value anywhere from 2%-80%, yes I’ve heard of a few going up that much! Your $138 library bill will be higher just because somebody thinks your house is now worth more than last year. The library documentation also has lots of fun facts, like they are so much lower than surrounding communities and they add tons of value for citizens! They return 483% value. See PDF page 173. Squashing the private sector using tax dollars is a winning strategy!
I don’t know what game the City is playing with their chart, but the only numbers that matter are the highlighted ones (they highlighted, not me). The same theory applies as I showed with the library. When the value of your home is arbitrarily increased, you will be paying more for every one of your taxing districts. You will not be seeing a decrease unless you protested your assessment and won.
Library circulation continues to decrease.
PDF page 43 from October 2015 City Manager’s report: http://www.cityblm.org/Modules/ShowDocument.aspx?documentid=9452
Since David Hales no longer does the traditional City Manager reports, what is reported has been modified. Comparisons to previous years aren’t available, but this is what was reported in Hales’ September 2016 report:
The decline isn’t a problem, they hired a full-time person to reach out to the community. Turning around the multi-year decline is imminent!
I can’t wait for the claims of fiscal responsibility in not raising taxes to appear Monday night. Count the times “real estate taxes are not being raised” is said.