Posted on 07/20/2005 7:54:38 AM PDT by Lost Highway
Living in one middle tennessee city just got a whole lot cheaper.
The mayor of Springhill has announced that residents in the area will no longer pay a 19 cent property tax.
With a budget surplus of over a half a million dollars---the property tax was eliminated.
The new zero tax rate for spring hill goes into effect next year.
Residents will still have to pay "county" property taxes
Isn't this where they built iether a Saturn or Nissan plant?
Public employees see "surplus" as a jackpot bonus or raise. About the only good that will come of this in the one, maybe, two years that the city tax rate will be at zero, are the complaints that you'll hear from the folks that have been cheating for years. The most vocal opponents of the cut to zero (other than the policticians and would-be-do-gooders) are the folks already at zero, for whatever reason, who do not get the same tax cut as everyone else.
Saturn.
That must be a pretty small town.
About 20,000.
Thanks for the info. Now it makes sense.
That would make it about the 15th largest community in Maine where the property tax rate is about $15 to $25 per $1,000 (statewide).
Steven Scharf
SCSMedia@aol.com
We had basically the same thing happen here, except it was county taxes which were reduced by 35%. However, the county exec. and the county legislature forgot to cut expenses and went on a spending spree. In just several years, the county is in approximately an eighty million dollar debt. In both cases, I suspect it's a setup for regionalization.
Someone is going to get reelected.
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