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Old 04-15-2011, 02:08 PM
 
62 posts, read 113,666 times
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how will this tax cap b partitioned?
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Old 04-15-2011, 02:11 PM
 
Location: Union County
6,151 posts, read 10,022,564 times
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Serious question...

Budget is X
Revenue is Y

We already know Y can't meet X - that's why they raise taxes.

So you cap Y and... then what?
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Old 04-15-2011, 02:35 PM
 
6,384 posts, read 13,152,502 times
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They cap Y. Therfore making X work with the 2% annual increases. Does that mean voiding already signed contracts? I dont know.
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Old 04-15-2011, 02:35 PM
 
88 posts, read 480,724 times
Reputation: 59
Tax caps don't work. They are just a political ploy to make you think something is being done.

This plan would cap property taxes at a 2% raise every year. So years when taxes could go down or stay the same they still think up. They think up ways to raise taxes to say 1.9%, just in case they need it. Now a year comes when they really need more money, so they put a special referendum on for election day and have a big ad campaign saying how badly they need the extra money. It gets past ( say 5% raise for that year) so now the next year that special 5% raise is now part of the tax base and they get another 2% on top of that. 10 years down the line your paying high taxes and wondering what ever happened to that tax cap
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Old 04-15-2011, 08:01 PM
 
Location: Union County
6,151 posts, read 10,022,564 times
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Quote:
Originally Posted by rocafeller05 View Post
They cap Y. Therfore making X work with the 2% annual increases. Does that mean voiding already signed contracts? I dont know.
Haircuts... it would have to be. But who's going to throw those investors under the bus? A default would be on the county's credit report for years! lol
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Old 04-15-2011, 08:54 PM
 
929 posts, read 2,067,719 times
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Quote:
Originally Posted by pjes View Post
Tax caps don't work. They are just a political ploy to make you think something is being done.

This plan would cap property taxes at a 2% raise every year. So years when taxes could go down or stay the same they still think up. They think up ways to raise taxes to say 1.9%, just in case they need it. Now a year comes when they really need more money, so they put a special referendum on for election day and have a big ad campaign saying how badly they need the extra money. It gets past ( say 5% raise for that year) so now the next year that special 5% raise is now part of the tax base and they get another 2% on top of that. 10 years down the line your paying high taxes and wondering what ever happened to that tax cap
2% is an acceptable increase in property taxes over time. It would take about 36 years for your property taxes to increase at that rate, which is a lot more acceptable than the 7 years it my house to double in property taxes.
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Old 04-16-2011, 03:55 PM
 
Location: Suffolk
570 posts, read 1,214,655 times
Reputation: 316
Tax caps aren't going to work for districts until the unfunded mandates and unnecessary mandates are gotten rid of. THAT should be the first step taken by our legislature! The federal gov't too for that matter!

Putting a cap on districts who don't have control over much of their budget (and I know they do have control over contracts) is only a recipe for disaster. Even if contracts could be cut to bare bones, you will still have a problem eventually! Expenses keep going up for things like oil, electricity, gas, outside contractors and vendors, transportation, special ed services, pensions, healthcare etc. A district's only two big sources of revenue are the state aid and the property taxes. State aid is going down consistently, so that leaves property taxes. Oops, they're going to get capped!

Talk about putting schools between a rock and a hard place! They will have NO WHERE to go for additional revenue to cover expenses beyond their control. So until Albany gets their act together and stops trying to cater to those who know nothing but CUT CUT CUT taxes by suggesting that caps are good - we are headed for more trouble than we have now.
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Old 04-16-2011, 04:24 PM
 
929 posts, read 2,067,719 times
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Quote:
Originally Posted by 7CatMom View Post
Tax caps aren't going to work for districts until the unfunded mandates and unnecessary mandates are gotten rid of. THAT should be the first step taken by our legislature! The federal gov't too for that matter!

Putting a cap on districts who don't have control over much of their budget (and I know they do have control over contracts) is only a recipe for disaster. Even if contracts could be cut to bare bones, you will still have a problem eventually! Expenses keep going up for things like oil, electricity, gas, outside contractors and vendors, transportation, special ed services, pensions, healthcare etc. A district's only two big sources of revenue are the state aid and the property taxes. State aid is going down consistently, so that leaves property taxes. Oops, they're going to get capped!

Talk about putting schools between a rock and a hard place! They will have NO WHERE to go for additional revenue to cover expenses beyond their control. So until Albany gets their act together and stops trying to cater to those who know nothing but CUT CUT CUT taxes by suggesting that caps are good - we are headed for more trouble than we have now.
Thank you for the "it's for the children" opinion
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Old 04-17-2011, 11:00 AM
 
Location: Suffolk
570 posts, read 1,214,655 times
Reputation: 316
And just how is that an "it's for the children" comment? Seriously? It's reality.
You put a cap on a district's expenses, but do nothing to help control the costs that have to be incurred, then just where do you propose to get the money from? You've capped revenues as well, by the constant lowering of state aid and federal aid.

Districts without a good tax base, and that means commercial as well as household, don't have a chance. You can only fire so many teachers, you can only freeze and/or cut salaries so much, before you no longer have a viable school system.
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Old 04-18-2011, 02:32 PM
 
Location: Nassau, Long Island, NY
16,408 posts, read 33,292,576 times
Reputation: 7339
Quote:
Originally Posted by 7CatMom View Post
Tax caps aren't going to work for districts until the unfunded mandates and unnecessary mandates are gotten rid of. THAT should be the first step taken by our legislature! The federal gov't too for that matter!

Putting a cap on districts who don't have control over much of their budget (and I know they do have control over contracts) is only a recipe for disaster. Even if contracts could be cut to bare bones, you will still have a problem eventually! Expenses keep going up for things like oil, electricity, gas, outside contractors and vendors, transportation, special ed services, pensions, healthcare etc. A district's only two big sources of revenue are the state aid and the property taxes. State aid is going down consistently, so that leaves property taxes. Oops, they're going to get capped!

Talk about putting schools between a rock and a hard place! They will have NO WHERE to go for additional revenue to cover expenses beyond their control. So until Albany gets their act together and stops trying to cater to those who know nothing but CUT CUT CUT taxes by suggesting that caps are good - we are headed for more trouble than we have now.
I agree with get rid of unfunded mandates. If the feds and state gov want things, then let them pay for them.

Contracts are nowhere near bare bones. They've got plenty of FAT on them. They are positively obese and you know it. Let's trim them down, then you can complain.

Did you know expenses keep going up for the taxpayers ... to the point where we cannot afford the Disney Wonder Land contracts for teachers, administrators and superintendants anymore? I bet you weren't aware of that.
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