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Old 06-12-2020, 11:36 AM
 
Location: Austin, TX
13,500 posts, read 30,038,368 times
Reputation: 7140

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Quote:
Originally Posted by texan2yankee View Post
austin's property tax is 44 cents per $100 of assessed value.
per the statesman article referenced, austin city officials estimate the proposed cost to taxpayers would require an 11 cent increase in property tax per $100 of assessed value.
11/44 is a 25% increase in the "city's portion of property tax bills".
the article's math is correct.
I am just commenting on the 'headline' of your post - "possible 25% property tax hike in Austin" - which implies property taxes for people in the city of Austin will go up 25%. The CoA portion will go up 25%, resulting in a 5% increase in overall property taxes in Austin. The math is correct, the post headline is not.
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Old 06-12-2020, 12:16 PM
 
156 posts, read 31,553 times
Reputation: 276
wont happen 8% is max per new law without a vote i think
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Old 06-12-2020, 12:31 PM
 
Location: Dallas, TX and wherever planes fly
1,752 posts, read 2,600,575 times
Reputation: 1802
Quote:
Originally Posted by Trainwreck20 View Post
I am just commenting on the 'headline' of your post - "possible 25% property tax hike in Austin" - which implies property taxes for people in the city of Austin will go up 25%. The CoA portion will go up 25%, resulting in a 5% increase in overall property taxes in Austin. The math is correct, the post headline is not.
Agreed. OP probably a good idea to rewrite the post heading. The light rail is long overdue and for what it's worth Austin light rail is nice and the proposed routes are very smart especially the one leading to the Airport. I also think they should add a hidden tax into big events like SXSW and ACL and it the tourists as they are spending money anyway and won't really care.
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Old 06-12-2020, 03:49 PM
 
6,785 posts, read 12,165,631 times
Reputation: 3431
Quote:
Originally Posted by texan2yankee View Post
austin's property tax is 44 cents per $100 of assessed value.
per the statesman article referenced, austin city officials estimate the proposed cost to taxpayers would require an 11 cent increase in property tax per $100 of assessed value.
11/44 is a 25% increase in the "city's portion of property tax bills".
the article's math is correct.
the article is probably being unclear to drive clicks. The city of austin is only a fraction of the total property tax so it isnt really a 25% property tax increase
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Old 06-12-2020, 03:50 PM
 
6,785 posts, read 12,165,631 times
Reputation: 3431
Quote:
Originally Posted by happly retired View Post
wont happen 8% is max per new law without a vote i think
the bond requires a vote anyway.

I highly doubt it would pass.

Rail is dead people just dont know it. The future of mass transit is shuttles using rideshare algorithms to optimize pickups. Door to door with transfers, possible using existing trunk systems, like rail and fixed line busses.
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Old 06-12-2020, 04:45 PM
 
44 posts, read 19,085 times
Reputation: 159
I think/hope light rail is dead, except for maybe an Airport to downtown link. I used to be on the fence about it, but I'm now firmly against. Two things sealed the deal. A somewhat recent trip to Asia and Europe where I got into the the rail system during rush hour (vs past experience during off peak) and realized how much it would suck to be stuck in there if I did not have to use the rail for recreation. Second, COVID19. As cities become more dense, and international travel speed up transmission of disease, I feel rail will be less viable. In my opinion some of our major cities dodged NYC's issues because most of us drive our own cars. Not to mention who wants yet another tax increase. I'll consider tax increases for roads and security (law enforcement). Not rail, or much else for that matter.

Agree with @Austin97 on the future of mass transit.

Last edited by VAF84; 06-12-2020 at 04:47 PM.. Reason: Clarifying
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Old 06-13-2020, 07:05 AM
 
156 posts, read 31,553 times
Reputation: 276
hopefully the liberals in the city are starting to figure out the scam of bonds and wont vote for it - the politicians will bring out the trend and true its for the children or fire fighters BS too get them to vote for it
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Old 06-13-2020, 10:15 PM
 
Location: Avery Ranch, Austin, TX
8,394 posts, read 14,283,332 times
Reputation: 3631
Pretty sure I won't be driving by the time any of this is completed
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Old 06-13-2020, 10:18 PM
 
4,616 posts, read 1,870,085 times
Reputation: 3582
Quote:
Originally Posted by 10scoachrick View Post
Pretty sure I won't be driving by the time any of this is completed
I might not be either
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Old 06-14-2020, 01:42 PM
 
Location: Round Rock, Texas
9,110 posts, read 9,094,395 times
Reputation: 8024
Quote:
Originally Posted by 10scoachrick View Post
Pretty sure I won't be driving by the time any of this is completed
Me neither.
I’m at the stage where I don’t buy green bananas.
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