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I looked on the MLS and searched under the Sachem school district. I did not find the property taxes listed to be much of a bargain.
Why do the kids and the taxpayers have to keep sacrificing more and more for the only white collar professionals who hold them hostage with a labor union and the high level personnel using the union contracts as the excuse for paying themselves like rock stars?
Entry Level/Less Expensive Homes:
HOLTSVILLE $89,000 Annual Taxes: $3,815
HOLBROOK $199,900 Annual Taxes: $8,084
NESCONSET $199,990 Annual Taxes: $9,300
FARMINGVILLE $208,905 Annual Taxes: $8,417
More Expensive Homes:
FARMINGVILLE $350,000 Annual Taxes: $11,000
LAKE GROVE $379,990 Annual Taxes: $10,441
FARMINGVILLE $379,999 Annual Taxes: $10,048
FARMINGVILLE $479,000 Annual Taxes: $12,000
RONKONKOMA $479,999 Annual Taxes: $12,997
HOLBROOK $499,000 Annual Taxes: $15,889
FARMINGVILLE $539,999 Annual Taxes: $12,316
Most Expensive Homes:
HOLTSVILLE $699,990 Annual Taxes: $12,094
LAKE GROVE $699,000 Annual Taxes: $15,000
LAKE GROVE $825,000 Annual Taxes: $13,613
HOLTSVILLE $850,000 Annual Taxes: $13,959
Good post...and wow that is not a bargain at all (except 3 of the most expensive ones) compared to Nassau county SDs. In fact, those taxes seem higher than comps at a few districts in Nassau.
Well if you drill in you'll see they run fairly lean compared to some of the Pig districts in Nassau and on the North Shore.
Trust me the TUs dead wrong, but the taxes are not in alignment with reality.
Sachem already delivers quality for less.
Crooks
I would suggest you take a close look at the contract for 2009-2013, the yearly increase looks like 6% (2% COLA + 4% step) and school pays 100 % of individual health, 20% of family. Think about the economy and CPI in 2009, 2010 do you think that's fair? Yes lean compared to Syosset but that's not saying much.
"The Republican Party of Wisconsin has said that Walker's plan will save Wisconsin $30 million over the next three months and $300 million over the next two years.
But some questioned whether his proposal is really financially necessary. The governor himself claims that Wisconsin can save $165 million by the end of next June simply by restructuring existing debt. Additionally, the share of corporate tax revenue funding the state government has fallen by half since 1981 and, according to Wisconsin Department of Revenue, two-thirds of corporations pay no taxes."
"The Republican Party of Wisconsin has said that Walker's plan will save Wisconsin $30 million over the next three months and $300 million over the next two years.
But some questioned whether his proposal is really financially necessary. The governor himself claims that Wisconsin can save $165 million by the end of next June simply by restructuring existing debt. Additionally, the share of corporate tax revenue funding the state government has fallen by half since 1981 and, according to Wisconsin Department of Revenue, two-thirds of corporations pay no taxes."
That deficit is short term the deficit through 2013 is between $2.2-3 billion, like every other state pensions have far out stripped payments into the system. These unions need to start dealing in reality, the state lost 140,000 jobs and they are want to raise corporate taxes?? Mean while the teachers staged a sick out making a bad situation worse.
"The Pew report pinned Wisconsin's budget problems, in part, on the loss of 140,000 jobs and one-eighth of its manufacturing workforce in the current recession. The lagging economy drove down tax collections 11.2%, comparing the first quarter of 2008 with the first quarter of 2009, according to the report. Gov. Jim Doyle and the state Legislature began the 2009-'11 budget process with a $6.6 billion shortfall. They filled the hole with $2.1 billion in tax and fee increases, $2.2 billion in federal stimulus dollars and cuts in state agency spending and aid to local governments and schools. "
That deficit is short term the deficit through 2013 is between $2.2-3 billion, like every other state pensions have far out stripped payments into the system. These unions need to start dealing in reality, the state lost 140,000 jobs and they are want to raise corporate taxes?? Mean while the teachers staged a sick out making a bad situation worse.
"The Pew report pinned Wisconsin's budget problems, in part, on the loss of 140,000 jobs and one-eighth of its manufacturing workforce in the current recession. The lagging economy drove down tax collections 11.2%, comparing the first quarter of 2008 with the first quarter of 2009, according to the report. Gov. Jim Doyle and the state Legislature began the 2009-'11 budget process with a $6.6 billion shortfall. They filled the hole with $2.1 billion in tax and fee increases, $2.2 billion in federal stimulus dollars and cuts in state agency spending and aid to local governments and schools. "
Isn't it funny that the deficit through 2013 is $2.2Bn at the low - that is precisely the same amount of federal stimulus dollars. What a revelation, it isn't coming back! Then you have the unions that say just raise taxes - well, let's take a walk down to farmer Joe and tell him we're going to tax the heck out of Wisconsin cheese - 3 things will happen: 1) The cheese will not sell, it's too damn expensive, 2) Farmer Joe will go out of business or relocate to Florida, relabel his cheese and call it Sunshine Cheese, 3) Wisconsin loses even more tax revenue. Boy, these union guys are really DUMB!
That deficit is short term the deficit through 2013 is between $2.2-3 billion, like every other state pensions have far out stripped payments into the system. These unions need to start dealing in reality, the state lost 140,000 jobs and they are want to raise corporate taxes?? Mean while the teachers staged a sick out making a bad situation worse.
"The Pew report pinned Wisconsin's budget problems, in part, on the loss of 140,000 jobs and one-eighth of its manufacturing workforce in the current recession. The lagging economy drove down tax collections 11.2%, comparing the first quarter of 2008 with the first quarter of 2009, according to the report. Gov. Jim Doyle and the state Legislature began the 2009-'11 budget process with a $6.6 billion shortfall. They filled the hole with $2.1 billion in tax and fee increases, $2.2 billion in federal stimulus dollars and cuts in state agency spending and aid to local governments and schools. "
Corporations are not suffering right now. They have enormous cash reserves and aren't spending it or investing it. They certainly aren't being taxed on it. This is why the stock market is doing so well. Tax revenues are down because the state relies on the working class to pay its bills, but all the jobs have dried up - for precisely the reasons the corporations are doing well.
Corporations are not suffering right now. They have enormous cash reserves and aren't spending it or investing it. They certainly aren't being taxed on it. This is why the stock market is doing so well. Tax revenues are down because the state relies on the working class to pay its bills, but all the jobs have dried up - for precisely the reasons the corporations are doing well.
The stock market is doing well for a myriad of reasons - one is that FED is pumping so much money into the system and artificially creating a low ceiling on rates - creating inflationary forces - money flows into the stock market because that's where the yield is. Corporations are doing well? - when was the last time you looked at an income statement - there is hardly any top line growth, it's all coming from expense reduction. Eventually, that too will end, then what? The demand isn't there, therefore why should they hire?
How about placing a special tax on any pension earned in NYS, even if you reside out of town today - anything derived from this state will be taxed. I'm sure that would go over well with the retired public sector workers. Enough of this NYS tax-free pension nonsense.
Good post...and wow that is not a bargain at all (except 3 of the most expensive ones) compared to Nassau county SDs. In fact, those taxes seem higher than comps at a few districts in Nassau.
Sheesh Peqs if I was paying your taxes Id ovelook my post to LI below. Taxes are by majority around 8k in the land of Sachem.A damn good bargain too IMO.You'll see the real contrast Smithown/Sachem .
Sachem actually has the right model
Crooks
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX either way you have an axe to grind.
The stock market is doing well for a myriad of reasons - one is that FED is pumping so much money into the system and artificially creating a low ceiling on rates - creating inflationary forces - money flows into the stock market because that's where the yield is. Corporations are doing well? - when was the last time you looked at an income statement - there is hardly any top line growth, it's all coming from expense reduction. Eventually, that too will end, then what? The demand isn't there, therefore why should they hire?
How about placing a special tax on any pension earned in NYS, even if you reside out of town today - anything derived from this state will be taxed. I'm sure that would go over well with the retired public sector workers. Enough of this NYS tax-free pension nonsense.
I didn't know pensions were tax free. If they are, tax them. It's nothing compared to what you'd get from corporations. I'm certain you'd still come up short.
Tax the corporations. I don't care if their margin is growing from cost reduction. They are making huge profits. They aren't going to experience increased demand by laying people off and reducing public expenditures - that's for damn sure.
Corporations are not suffering right now. They have enormous cash reserves and aren't spending it or investing it. They certainly aren't being taxed on it. This is why the stock market is doing so well. Tax revenues are down because the state relies on the working class to pay its bills, but all the jobs have dried up - for precisely the reasons the corporations are doing well.
People enjoy tossing the word corporation out there as though only IBM, GM, and such are corporations.
Many small businesses are corporations and do not have these 'enormous cash reserves' to spend or invest.
Don't forget that there are several classes of corporation, too.
So exactly which corporation would you suggest the states go after? Small guys like me are hurting. Big guys can pick up and move out of state. Either way -- small corps cut losses and fire employees or the big boys pick up their bat and ball and move elsewhere.
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Then you have the unions that say just raise taxes - well, let's take a walk down to farmer Joe and tell him we're going to tax the heck out of Wisconsin cheese - 3 things will happen: 1) The cheese will not sell, it's too damn expensive, 2) Farmer Joe will go out of business or relocate to Florida, relabel his cheese and call it Sunshine Cheese, 3) Wisconsin loses even more tax revenue. Boy, these union guys are really DUMB!
Corporate tax increases?
