Orange County Review
|
 
NewsNews

My Point

My Point

Talking taxes


» 0 Comments | Post a Comment


The board has been working on the 2010 budget. The budget process has been more arduous due to the recession. It is tempting to solve a given year's problems without much focus on future years. Sometimes it is difficult to predict what is coming, other times it is quite clear.
The bottom line is this budget has required a number of painful reductions. Next year we know that a major additional cost of debt service for the new middle school will be incurred. As a result, the Orange County taxpayer is going to be hit with a minimum 25 percent tax increase. Much of this increase will be to fund a middle school that as I have pointed out a number of times we don't need. This is an outrage at anytime but in the middle of a deep recession it is incomprehensible. This time next year the bills will have been incurred so no amount of protest will matter.
Government does not generate money. It takes money from the citizenry in the form of taxation and provides services in exchange. I don't think your money is being spent wisely. This year county government is using $2,295,764 from the general fund and $900,000 from the debt service fund which equates to buying down the real estate tax rate by almost seven cents. Similar action will not be possible next year as the funds will have been used this year. Furthermore, next year will require an additional $2,170,431 for debt payment on the middle school which equates to about four and a-half cents on the real estate tax rate and does not include any operational costs.
If you the taxpayer don't like the way your money is being allocated you need to contact your elected representatives and speak out at the public hearing on April 7. If you don't want at least a 25 percent tax increase next year you must speak out now, next year will be too late.

Terms and Conditions

Advertisement

 
View More: Business_Finance, Cent, Orange County, Real Estate Tax Rate, Usd
Not what you're looking for? Try our quick search:
 
 

Advertisement

Reader Comments

Sort newest to oldest

  1. Results Loading...

Post a Comment (Please Sign In | Register)

  • Please avoid offensive, vulgar, or hateful language.
  • Respect others.
  • Use the "Report Inappropriate Content" link when necessary.
  • See the Terms and Conditions for details.
Please sign in to respond | Sign In | Register

Deal of the Day

Advertisement

 

Weather

Weather

Advertisement

Advertisement

Media General
DealTaker.com - Coupons and Deals
DealTaker.com Coupon Codes
KewlBoxBoxerJam: Games & Puzzles
Games, Puzzles & Trivia
Blockdot: Advergaming and Branded Media
Advergaming and Branded Media