[Larry Lucido]

Good news.

Let the bastard politicians starve.

[JRandomFreeper]

Look for code enforcement to hire.

/johnny

[ClearCase_guy]

Austerity: the immovable object.
Entitlement mentality: the irresistible force.

Epic clash coming in 5 ... 4 ... 3 ...

[lightman]

Many Pennsylvania Counties (assessments are done by County government) have voted to delay countywide reassessment indefinitely.

There is nothing to gain by spending money to determine that the real estate tax base has contracted.

[MachIV]

Falling property values means nothing to the taxing authorities where I live. They just keep jacking the rates up to offset the value base it’s calculated on. They don’t give a rip.

[Carthego delenda est]

My County Assessor has doubled tax rates each of the past 3 years and is on record stating he will continue to do such until the County is solvent.

[Kickass Conservative]

When home values were increasing, they loved the additional Property Tax Revenue flowing in and spent it as fast as they got it.

Instead of investing their new found wealth in a rainy day fund, they spent money on inflated Pensions and Salaries to the Public Employees who are primarily funded from Property Tax Revenue, Fire, Police and Teachers.

Then the dam burst and they realized they forgot to buy Life-jackets.

[lacrew]

Some cities are adding backdoor taxes by increasing ‘franchise fees’, which are charged to non-municipal utilities, for use of the ROW. One hundred percent of this fee is passed along to the consumer.

[familyop]

Good. Starve the beast. Local governments are at least as socialist and corrupt as federal.

[lacrew]

Another trick tax is PILOT, payment in lieu of taxes. Essentially if the city owns a parking garage, income generated from the garage is used to make a payment to the general fund, as if property taxes were being paid on the garage. That is a good thing - keeps the city garage from having an unfair advantage over private garages. However, this concept is now being applied to city functions which have no private competition - water treatment and supply, as well as sewer collection and treatment. This raises your sewer and water bill...but your mil levy didn’t go up :)

[dragnet2]

Obviously, it means we have much lower revenues than we had in past. It’s creating gaps in our budget.”

Wait until they tell the tens of hundreds of thousands of county and city government retirees, they have to cut their lottery style retirement pensions in half...

The screams will be heard coast to coast.

Oh yeah!

[stylin19a]

Real Estate taxes in our area (and I'm guessing most areas) are a lagging indicator, as they are paid in arrears.
We are paying 2010 taxes in 2011, that were assessed in 2009.

our tax rates went down, but specific areas went up ( library\parks),they mucked with the multiplier, so they essentially will stay the same for next year. Which means they actually increased in relation to assessed value, which was reduced approx. 400 bucks.

figures lie, liars figure...

[Razzz42]

Why were they jacking up the tax rates during a boom? Shouldn’t they lower the tax rates during a bust?