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Old 12-26-2013, 11:40 AM   #1
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no city tax increase

to my shock- the city passed a budget with no tax increase.
I thought for sure we were going to get socked.
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Old 12-26-2013, 01:19 PM   #2
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I think you are in the minority my brother. But good for you!
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Old 12-26-2013, 01:40 PM   #3
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county and school will go up. Either way- we were expecting the city to as well.

I am happy it wont. We ran 4 people for city elections and lost. I will take what I can get tho.
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Old 12-26-2013, 01:40 PM   #4
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Originally Posted by Penn View Post:
to my shock- the city passed a budget with no tax increase.
I thought for sure we were going to get socked.
my taxes actually went down 100. I don't know why.
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Old 12-26-2013, 01:40 PM   #5
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Nice!!
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Old 12-26-2013, 01:43 PM   #6
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Our property taxes went up almost 5%. Mostly due to an airport which nobody uses since there are two international airports within 2 hours, and a pretty awesome library.
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Old 12-26-2013, 01:53 PM   #7
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This is what regulations and devaluation of the currency do.
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Old 12-26-2013, 03:22 PM   #8
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Originally Posted by Penn View Post:
This is what regulations and devaluation of the currency do.
IF...and it is a big IF, they really work on the airport to turn it into a decent regional one, I won't be as mad. We travel a few times a year and it would be nice to fly in and out of town on a decent carrier, not have to pay for parking, or drive an hour to the airport.

I am not sure what the plans are with the library, it is already very nice.
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Old 12-27-2013, 10:11 AM   #9
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the next town over is getting 12-15% increase.
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Old 12-27-2013, 03:37 PM   #10
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I bought the house I'm in now for 29,500 and the property tax was 400. Now it is appraised at 89,900 and the tax dropped this year from 1700 to 1600. I've done few improvements other than putting on a metal roof and a woodstove. I built an adjacent 9 by 33 foot greenhouse which they tax as living space.
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Old 12-28-2013, 07:56 PM   #11
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County tax- going up- (that leaves the school board yet) the average increase will be $24. For the city my house is above average. Being that I have a corner lot and shelter for 2 cars. So the mils are higher on a corner lot and if you have a garage/carport. (I have a carport for 2 cars)

For the county tho- my place is modest, and by no means average. Many have acreage - garages, and improvements.

THe past year there was an increase- I chose to pay the mortgage company the overage so that my payments would not change. (thy did $1 due to rounding)

I fought my assessment 3x. The first time I won a nice decrease. I began the process of fighting it again-2x- however for what ever reason I dropped it. When you fight an increase your taxes can actually go UP. I simply did not want the pressure- the cost to file an appeal is $15, and it can only happen 1 time a year- if you mess the public meeting you lose out period.

We get a few types of exemptions in PA.

1. Homestead. When I first bough this was not applied and could not be tabulated until the next full year.

2. In addition to that is the casino exemption. Every homeowner shares in the take of the casinos- this is how they sold them in PA. The amount varies widely-for this town that amount is in the neighborhood over $200.

3. Elderly/disabled low income folks also get a rent/property tax rebate. The formula takes your income for the year- divided by 12, times the number of months you lived there. The maximum- amount of this rebate had been $500, a few years ago- it increased to $650. The $650 is not increased due to inflation, nor is the homestead exemption, nor is the casino rebate.

On the 2 or 3 year- I dialed in the homestead exemption. I then dialed in the then $500 disabled rebate- around that time the casino credit kicked in- so for years
2,3,4 - my actual taxes for the house- came to zero. The thing is- you have to pay it thru the mortgage escrow and then when they are ready the "rebate" it. (July 1)

However the increases keep coming and the govt figures the casino money is there- spend it.

So for years 5, 6 and this year is year 7- my taxes have surpassed the $650 (disabled rebate) the $200 (casino rebate) and what ever the homestead exemption is.

When I was getting back the rebates- the increases did not mean as much as they do now.

So the $24 increase will mean $2 a month....

In the mean time the city wants new schools, the county wants a new 911 center and a new prison.

I am not sure how to go cheaper.

For a long time- I had my eye on near by towns that had lower taxes.

When they now are socked with taxes that are pretty darn close to what I am paying. The thing is- it is a further drive to aldis, the dollar tree, flea market, my favorite thrift stores.

So to ponder where do I live that is is cheaper- is a tough one.

I do not need to be near the job base- but should be bear the cheaper stores, and while it doesnt have to be state of the art medical facilities- some type of medical is good.

PA is one state with huge disparity in taxes.

I pondered maybe it is time to rent a room out. I am not sure I want to tho.

Starting over- then would mean a 30 year mortgage- where I am at- I am paid off in 23 years.

I pondered going into the highrise-- it is 30% of your check. I thought about plowing the equity in the house into silver then rent.

Ulikely that I will tho.

If 500 oz will buy an average house paid in full at some point- that could be worth waiting for.
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Old 12-29-2013, 08:19 AM   #12
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Penn, I don't think you need worry about 23 years from now. The system is collapsing. They are closing the new schools they built here because they don't have funds to run them. (Of course, the structures aren't paid for yet).
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Old 12-29-2013, 09:44 AM   #13
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I have seen $16,000 house with $1650 taxes a year- and a $50,000 house with taxes of $550 a year.
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Old 12-29-2013, 03:05 PM   #14
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There is a pretty large city about an hour from me, and they have neighborhoods that are considered urban development projects, that are property tax free for 20 or 25 years from the date of purchase. The areas are near hospitals and are getting massive homes build in the area. It is making some people mad that they are missing out on tax dollars, but I guess the redevelopment worked. Proof that taxing can curve behavior.
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Old 12-29-2013, 03:48 PM   #15
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Originally Posted by 69mach351 View Post:
There is a pretty large city about an hour from me, and they have neighborhoods that are considered urban development projects, that are property tax free for 20 or 25 years from the date of purchase. The areas are near hospitals and are getting massive homes build in the area. It is making some people mad that they are missing out on tax dollars, but I guess the redevelopment worked. Proof that taxing can curve behavior.
WalMart is proof that taxing can curb behavior.
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Old 12-29-2013, 04:25 PM   #16
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notice tho- how that works. A company gets 20 years tax break- comes in- for 20 years- once that 20 years is up- they close up- leaving an empty building eye soar.
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Old 12-29-2013, 04:40 PM   #17
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Virtually every city and county in the west 1/2 of the state has a surplus right now, not to mention our state is trying to figure out what to do with the extra billions of yearly surplus it has. Now don't worry they don't plan on doing anything foolish with it like giving it back to the citizens or doing anything drastic like cutting taxes. They are spending much of it wisely like raises for themselves and pet projects for their districts.
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Old 12-30-2013, 08:26 AM   #18
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yikes!!
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Old 12-30-2013, 08:34 AM   #19
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Originally Posted by Penn View Post:
notice tho- how that works. A company gets 20 years tax break- comes in- for 20 years- once that 20 years is up- they close up- leaving an empty building eye soar.
This is for homes, not for businesses. The homes going up are 4k-6k square foot, custom built homes. The reason it is making a lot of people angry, is because these homes would bring in significant taxes ($6k-15k or more per home depending on where) if they chose to build elsewhere. From a buyer/builder standpoint, it would be great. Someone could "afford" a lot more expensive home since taxes are usually a large portion of the payment. It could also be paid off before you have to pay a dime in taxes.
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Old 12-30-2013, 09:08 AM   #20
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Originally Posted by 11C1P View Post:
Virtually every city and county in the west 1/2 of the state has a surplus right now, not to mention our state is trying to figure out what to do with the extra billions of yearly surplus it has. Now don't worry they don't plan on doing anything foolish with it like giving it back to the citizens or doing anything drastic like cutting taxes. They are spending much of it wisely like raises for themselves and pet projects for their districts.

edited to add: average cop salary 177,000 a year.
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