Reading the local bloggers it does not surprise me more of the bloggers are not outraged by the latest reassessment conducted by their local assessor office. No one wants to be seen as the trouble maker or the whistle blower. It is not a beauty picture. Ask Valerie Plame whom identity was revealed by an aide to Richard B. Cheney to reporters. Of course Plame has finally been validated with Libby being found guilty. But Plame's face is known to the world, now.
And look at the War in Iraq. Voters are now aware that the President lied. But the troopers are still fighting the war, and the Democrats and the Republicans are still bickering about whose fault it is. It's both parties fault.
Now back to the local reassessment. True these local government folks are not appraisers. But that's what they did. Who said that local officials were qualified for their position? Who? These folks took a look at market values in your area, not necessarily in your neighborhood and smashed a price on it. Trending value is what they called it, to up the ante on collecting more money from the value of your home. Is your home that value? No! Is that lying? Yep! So what are you going to do about it?
First you will compare with your neighbors and see if they got screwed more than you in the reassessment. Next you will rationalize in you mind for justifying why you would allow incompetent people to lie to you about the worth of your property without taking any actions.
You'll say things, like well I was able to get exemptions to reduce my liabilities. Whereas the other suckers not qualifying for such exemptions are gonna pay more. Not.
You'll see things like, well my taxes stayed the same, so I don't care. Wrong.
I know folks in the blogosphere took simply math, I just know they did. So please example to me, why they are not raising cane about the reassessment in the blogosphere. But they can yell all day about that dang gone George Bush, Jr. Bush, Jr. ain't the only one stealing your money out of your family pockets.
What you are screaming about Bush doing is the exact same thing local folks, politics is doing. It's local folks.
Showing posts with label property tax. Show all posts
Showing posts with label property tax. Show all posts
Tuesday, March 06, 2007
Sunday, March 04, 2007
The Sunday Funnies-Property Reassessment by your local government
Amanda Iacone reports on Fort Wayne.Com about reassessment. Iacone reports:
I posted here:
The mailing is not an update. This statement that your property has been assessed at a certain values based on faulty record keeping in the assessor office from years and years of abuse in assessing property is a notice. This abuse of power from assessors caused Judge Thomas Fisher to determine that it was so widespread that Fisher promulgated rulings governing a uniformed way of assessing property and a way to measure whether or not these assessors were playing by the rules.
So, out of the office and on to the streets, assessors had to learn how to assess property and record property. Time was of the essence. Going door to door many homeowners were not letting folks in or were not at home. So assessor birth a way to get the job done in the mandated time period.
Nope, it was made up. Hired new inexperience computer techies and manipulated the system. And that's what they did. Many homes were sold to capture the over assessment creating sales disclosures that were based on misinformation. Homes were not worth the values and the unsuspecting buyers were duped. And these sale disclosures are what the assessor offices is using to duped the public in this year current assessment. That is if homeowners do not appeal.
Of course some property was assessed in the proper fashion but many inconsistency existed and still do to this day. The State was outraged at the greed of the local government. So the State legislators to protect homeowners from the greedy locals increased the homestead deduction, place a circuit breaker on the taxing amount, and required annual assessment.
From the State:
The circuit breaker became law in 2006 with the passage of House Enrolled Act 1001. It is aimed at helping Hoosiers by ensuring they don’t pay more than 2 percent of their property value in taxes. The goal is to provide predictability in tax bills and equity among Hoosier taxpayers.
The Circuit Breaker is slated to become mandatory statewide for residential property in 2007. Homeowners will not see the potential Circuit Breaker impact until their 2008 tax bill. The circuit breaker expands to include all property types in 2009. Taxpayers will not see the impact of the expansion until their 2010 tax bill.
The quote by the Treasure Bob Lee, here's another take on it, from the state.
The annual assessment would prevent sticker shock to homeowners. And homeowners would be better able to prove their property values did not triple in value every year. This placed the inexperienced staff back into their offices researching sales disclosure form to increase their knowledge and record keeping in trying to make money for the city. Rather than truly assess property value to meet the budget.
The willy-nilly reassessment caused sticker shock and many high end tax payers were outraged and threaten to go to court. Deals were made. The squeaky wheels property owners assessment were reconfigured undocumented, just a number change in the system. The unsuspected just bite the bullet of the egregious increase. The number of appeals were reduced and unknown to the public. The meme-journalists only reports those folks that would not go away. The number of folks who demanded immediate reduction to the proper values of their homes and was cut a deal are missing in the informal appeal process.
Oh the heading,
In the newspaper
All of the property updates – about 130,000 – will have been mailed by Monday. About 20,000 properties had no change in their value and will not receive the forms, said Ryan Keuneke, chief deputy assessor.
I posted here:
The assessors offices are mailing out form 11 R/A. I know many of you want to believe that your leaders are honest people !!! But be warned because your new tax bill will increase and it has nothing to do with Fort Wayne Community School but greed from your local officials to build Harrison Square.
This notification form 11 R/A is an important part of the reassessment because it starts the second phase of the reassessment process. The second phase involves a review process by the property owners on the accuracy of the assessors assessment. Any property owner wanting to challenge the accuracy of the assessment must file an appeal in writing for review of the assessment on form 130 or form 133 within 45 days of the notification.
The mailing is not an update. This statement that your property has been assessed at a certain values based on faulty record keeping in the assessor office from years and years of abuse in assessing property is a notice. This abuse of power from assessors caused Judge Thomas Fisher to determine that it was so widespread that Fisher promulgated rulings governing a uniformed way of assessing property and a way to measure whether or not these assessors were playing by the rules.
So, out of the office and on to the streets, assessors had to learn how to assess property and record property. Time was of the essence. Going door to door many homeowners were not letting folks in or were not at home. So assessor birth a way to get the job done in the mandated time period.
The updates reflect changes in assessed property values. Many properties increased in value because the last time properties were assessed, local assessors used sales and market data from 1999.
Nope, it was made up. Hired new inexperience computer techies and manipulated the system. And that's what they did. Many homes were sold to capture the over assessment creating sales disclosures that were based on misinformation. Homes were not worth the values and the unsuspecting buyers were duped. And these sale disclosures are what the assessor offices is using to duped the public in this year current assessment. That is if homeowners do not appeal.
Of course some property was assessed in the proper fashion but many inconsistency existed and still do to this day. The State was outraged at the greed of the local government. So the State legislators to protect homeowners from the greedy locals increased the homestead deduction, place a circuit breaker on the taxing amount, and required annual assessment.
From the State:
The circuit breaker became law in 2006 with the passage of House Enrolled Act 1001. It is aimed at helping Hoosiers by ensuring they don’t pay more than 2 percent of their property value in taxes. The goal is to provide predictability in tax bills and equity among Hoosier taxpayers.
The Circuit Breaker is slated to become mandatory statewide for residential property in 2007. Homeowners will not see the potential Circuit Breaker impact until their 2008 tax bill. The circuit breaker expands to include all property types in 2009. Taxpayers will not see the impact of the expansion until their 2010 tax bill.
State law now requires that properties be reassessed each year so that property tax bills increase bit by bit instead of a large increase every several years, County Treasurer Bob Lee said.
The quote by the Treasure Bob Lee, here's another take on it, from the state.
Under the old system, real estate was generally only reassessed every 10 years. That left taxpayers with a large change in their assessments every decade. Annual adjustments curb that large lump sum change in assessments by annually adjusting values based on sales.
The annual assessment would prevent sticker shock to homeowners. And homeowners would be better able to prove their property values did not triple in value every year. This placed the inexperienced staff back into their offices researching sales disclosure form to increase their knowledge and record keeping in trying to make money for the city. Rather than truly assess property value to meet the budget.
The willy-nilly reassessment caused sticker shock and many high end tax payers were outraged and threaten to go to court. Deals were made. The squeaky wheels property owners assessment were reconfigured undocumented, just a number change in the system. The unsuspected just bite the bullet of the egregious increase. The number of appeals were reduced and unknown to the public. The meme-journalists only reports those folks that would not go away. The number of folks who demanded immediate reduction to the proper values of their homes and was cut a deal are missing in the informal appeal process.
Oh the heading,
Tax growth to hit 14.5%; past delays fuel increaseThe tax growth is more than 14.5% and it's has nothing to do with delays. More from the state
Hoosier taxpayers could see an increase or a decrease in their tax bills after the annual adjustment of their assessment based on their location and the expenditures by local government.Tell that to those who work for city government, as they over assess and collect field of revenue to pay for a hotel, baseball stadium......
In essence, the assessment represents a property owner’s share of the overall tax burden for a specific area.
In the newspaper
Rep. Jeff Espich, R-Uniondale, ranking minority member on the House Ways and Means Committee, said about 7 percent of that is a direct result of trending..That suggest that of the disclosed 14.5 per cent in property value increase is too high. But the real increase is hidden in the details.
Thursday, March 01, 2007
Working Family and Property Taxes
The local officials will spread the property tax increase amongst the working families and retired seniors of lower valued homes. How will this take place? A home owned by a senior citizen, that is valued at $40,000 will see an increase in their property value. Although homes may not be selling in these neighborhood, the increase is needed to offset the homestead deduction for homeowners. The homestead deduction is a tax break provided by the State of Indiana to homeowners. The deduction can be as much as $45,000 depending of the value of the home. After the deduction, local officials calculates the property tax.
However to maximize the amount of property tax collected, local officials will artificially increase the home values by taking into account the homestead deduction. By artificially increasing the value of the home, it recaptures the deduction given to the homeowners from the State of Indiana. With this manipulating of the numbers, local official will tout that there was a increase in the homestead deduction bu tin fact reduced the deduction provided by the homestead deduction. So a home valued at $40,000 reduced by a homestead deduction to $20,000 taxable value will see their home value artificially raised above the $40,000 Why, you say? The answer from IDLFG: Read more click here.
However to maximize the amount of property tax collected, local officials will artificially increase the home values by taking into account the homestead deduction. By artificially increasing the value of the home, it recaptures the deduction given to the homeowners from the State of Indiana. With this manipulating of the numbers, local official will tout that there was a increase in the homestead deduction bu tin fact reduced the deduction provided by the homestead deduction. So a home valued at $40,000 reduced by a homestead deduction to $20,000 taxable value will see their home value artificially raised above the $40,000 Why, you say? The answer from IDLFG: Read more click here.
Circuit Breaker
If you are wondering why so much talk about Harrison Square and Fort Wayne Community Schools cost, it came in the mail for some homeowners. The property tax bill with increase. The assessor office has until March 12, 2007 to bill these notices of a reassessment. The last reassessment saw the willingness of dishonest assessment and the state government stepped in and imposed a circuit breaker rule. Read more click here.
Wednesday, January 31, 2007
Consolidation Fall out and market value trending
The City Council and the Allen County Commissioners have discovered what the taxpayers were already cognitive about when it came to total consolidation. The need to study the impact of consolidation on the whole community. The group meeting came out with a decision to form another yellow ribbon committee outside the law governing consolidation. The cautionary yellow ribbon committee does not need the public hearings as it discusses merging certain departments.
More than likely, the latest action by the city council is to quiet the public as it attempts to do what the law forbids without the public input. Remember, the two authors of the proposal were Republcans, Dr. John Crawford and Sam Talarico. Talarico is not seeking reelection, which may explain why City Council and its' members are moving this merger without the public permission.
Here is a suggested reading, by the Indiana Policy Review Foundation on Marion County consolidation, that was forwarded the to me, after blogging about consolidation.
From Sam Staley's finding, I find limited consolidation as the best fit for communities like Fort Wayne which is so fragmented. Fragmented in the different constituents needs and interest. Below are some of the issues in limited consolidation.
Focusing on police departments, the biggest obstacle is overcoming attitudes.
Attitudes surrounding pay inequity, choice of jobs, wealth building, and union muscle during negotiation.
Economy development departments, decision makers who are more in favor of growth in hopes of influencing new money into the city as well as in anticipation of new ideas bubbling up from the newly formed government. The cost laid at the foots of those in the outlaying communities.
The biggest interest for me is the diluting of the African-American representation. And the second reason is the cost of merged operations that would involve more specialized skills, from the cost of a more professional staff for governing the merged departments would fall more heavily on the the taxing of African-Americans living in the under developed and depressed areas.
In order to shush the more affluence tax base, a lower tax rate will be used to reduce the ticket shock of the merger. While the tax rate will be increased to subsides the lower rate given to the outlying areas.
This increasing in property tax has been cushioned with the replacement tax, but the
Governor is talking about doing away with it. The fact that many assessing units are uniformity assessing property, trending to increase property tax is on the horizon.
The township assessors wants the county to hire a private company, GNA, to assess property next year utilizing a new system called "trending." Instead of going out and assessing property like the assessors should have, they will attempt to match similar properties. Trending is what caused the over assessment of property in the
City of Fort Wayne, because homes were estimated rather than actual assessed. Houses were priced at amount that similar houses in other neighborhoods. But because neighborhoods is a factor on the selling price of a piece of property, this was an unfair comparable assessment. This is a time saving as well as it compensate for those who are not trained in assessing properties.
State officials mandated counties adopt market trending this year in an attempt to make anticipate the cost of increases in property taxes. This way, the officials can determine how they will skew the increase in favor of the more affluence taxpayers.
This does not benefit the tax payers in the city if the assessed values were what properties would be sold for rather than what the property would actual be sold for.
Furthermore, in the news media, comments have focused on the need for a Property Tax Board. When in fact, the taxpayer should pay more attention to the one lone representative in their district who goes to Indianapolis and draft laws that are not in their district interest. The tax board that is proposed is to reduce the tax rate. Where as the time to protest inaccurate property tax bills remains on the tax payers. And the legislators have reduced the time to protest tax bill.
Under SEA 362 reduces the length of time taxpayers have to protest a tax bill and file a suit in tax court. To protest a tax bill, taxpayers will have 45 days. Previously, taxpayers had 60 days. In addition, taxpayers will have 60 days to file a suit in tax court, a change from the previous 180 days.
The shortening of the time will prevent folks from protesting on mistakes made by the auditors and treasurer office.
More than likely, the latest action by the city council is to quiet the public as it attempts to do what the law forbids without the public input. Remember, the two authors of the proposal were Republcans, Dr. John Crawford and Sam Talarico. Talarico is not seeking reelection, which may explain why City Council and its' members are moving this merger without the public permission.
Here is a suggested reading, by the Indiana Policy Review Foundation on Marion County consolidation, that was forwarded the to me, after blogging about consolidation.
The Indiana Policy Review Foundation,in turn, conducted research on the effects of consolidation on the efficiency and effectiveness of providing local public services. It had a different task and focus. The commission asked the foundation to summarize what experts thought about local government consolidation.
From Sam Staley's finding, I find limited consolidation as the best fit for communities like Fort Wayne which is so fragmented. Fragmented in the different constituents needs and interest. Below are some of the issues in limited consolidation.
Focusing on police departments, the biggest obstacle is overcoming attitudes.
Attitudes surrounding pay inequity, choice of jobs, wealth building, and union muscle during negotiation.
Economy development departments, decision makers who are more in favor of growth in hopes of influencing new money into the city as well as in anticipation of new ideas bubbling up from the newly formed government. The cost laid at the foots of those in the outlaying communities.
The biggest interest for me is the diluting of the African-American representation. And the second reason is the cost of merged operations that would involve more specialized skills, from the cost of a more professional staff for governing the merged departments would fall more heavily on the the taxing of African-Americans living in the under developed and depressed areas.
In order to shush the more affluence tax base, a lower tax rate will be used to reduce the ticket shock of the merger. While the tax rate will be increased to subsides the lower rate given to the outlying areas.
This increasing in property tax has been cushioned with the replacement tax, but the
Governor is talking about doing away with it. The fact that many assessing units are uniformity assessing property, trending to increase property tax is on the horizon.
The township assessors wants the county to hire a private company, GNA, to assess property next year utilizing a new system called "trending." Instead of going out and assessing property like the assessors should have, they will attempt to match similar properties. Trending is what caused the over assessment of property in the
City of Fort Wayne, because homes were estimated rather than actual assessed. Houses were priced at amount that similar houses in other neighborhoods. But because neighborhoods is a factor on the selling price of a piece of property, this was an unfair comparable assessment. This is a time saving as well as it compensate for those who are not trained in assessing properties.
State officials mandated counties adopt market trending this year in an attempt to make anticipate the cost of increases in property taxes. This way, the officials can determine how they will skew the increase in favor of the more affluence taxpayers.
This does not benefit the tax payers in the city if the assessed values were what properties would be sold for rather than what the property would actual be sold for.
Furthermore, in the news media, comments have focused on the need for a Property Tax Board. When in fact, the taxpayer should pay more attention to the one lone representative in their district who goes to Indianapolis and draft laws that are not in their district interest. The tax board that is proposed is to reduce the tax rate. Where as the time to protest inaccurate property tax bills remains on the tax payers. And the legislators have reduced the time to protest tax bill.
Under SEA 362 reduces the length of time taxpayers have to protest a tax bill and file a suit in tax court. To protest a tax bill, taxpayers will have 45 days. Previously, taxpayers had 60 days. In addition, taxpayers will have 60 days to file a suit in tax court, a change from the previous 180 days.
The shortening of the time will prevent folks from protesting on mistakes made by the auditors and treasurer office.
Tuesday, January 30, 2007
No need for eminent domain
The Constitution protects owners'property. If the government takes a person's property the Constitution states it must be for certain reasons. And if the property is taken for those certain reasons the Constitution states that person must be compensated. Of course those whom property is being taken may not believe they one can be fairly compensated for property that is called a home.
But, the government sees it as just a house and wants to purchase the property at the lowest cost. The City knew the owners of the Wizard would be looking to relocate their team to a bustling city. So the city decided to build this city, with promises of free money. Money from the taxpayers.
The City knew when it failed to fully disclose to residents in the area that the stadium would come to their neighborhood. The City knew when it gave the residents low ball offers for their homes.
Because of this conflict between the government and private property owners, government legislators have devised ways to circumvent the constitutional protection to harm innocence private property owners. Legislators have made it so much easier for private property to be taken without calling for eminent domain through constructive condemnation.
Constructive condemnation discouraging development in targeted areas which in turn depresses the value of the other properties in that area. The areas becomes blighted from abandonment and from the restrictive development. However some property owners remain in these neighborhoods but to oust these property owners, some states have devised others way to claim the property.
In July 2003, Indiana provided government with House Bill 1378, for taking property. The twist to this new land grab, it is not government that is taking the private property. It is the citizens claiming land in the blighted areas.
The new law encourages certain community organizations to take over deteriorating properties in their own neighborhoods.
The concept is urban homesteading allowing a group rather than a single individual to take abandoned property and make the property usable. The nonprofit establishes a receivership of the property.
The nonprofit goal is to repair unsafe buildings in their neighborhoods. that is in violation of the city's neighborhood code.
The nonprofit incentive for expending money in such building are to save the building prevent further abandonment of the neighborhood, prevention of demolition of historical building and a profit if the building is sold later after repairs.
The deal protects government from charges of eminent domain and prevent property from further deterioration. Individuals and their families can get into this deal as long as they remain in the property for three years.
For example, in Fort Wayne, Indiana a theatre called Rialto has long stood abandoned. This property was not given to a nonprofit with members from the neighborhood. The Rialto was given to a newly formed group a month after the law was passed. This group called itself the Reclamation Project. Don't be scaareed, coming soon to a neighborhood near you.
But, the government sees it as just a house and wants to purchase the property at the lowest cost. The City knew the owners of the Wizard would be looking to relocate their team to a bustling city. So the city decided to build this city, with promises of free money. Money from the taxpayers.
The City knew when it failed to fully disclose to residents in the area that the stadium would come to their neighborhood. The City knew when it gave the residents low ball offers for their homes.
Because of this conflict between the government and private property owners, government legislators have devised ways to circumvent the constitutional protection to harm innocence private property owners. Legislators have made it so much easier for private property to be taken without calling for eminent domain through constructive condemnation.
Constructive condemnation discouraging development in targeted areas which in turn depresses the value of the other properties in that area. The areas becomes blighted from abandonment and from the restrictive development. However some property owners remain in these neighborhoods but to oust these property owners, some states have devised others way to claim the property.
In July 2003, Indiana provided government with House Bill 1378, for taking property. The twist to this new land grab, it is not government that is taking the private property. It is the citizens claiming land in the blighted areas.
The new law encourages certain community organizations to take over deteriorating properties in their own neighborhoods.
IC 36-7-9-2
Sec. 2. As used in this chapter:
"Community organization" means a citizen's group, neighborhood association, neighborhood development corporation, or similar organization that:
(1) has specific geographic boundaries defined in its bylaws or articles of incorporation and contains at least forty (40) households within those boundaries;
(2) is a nonprofit corporation that is representative of at least twenty-five (25) households or twenty percent (20%) of the households in the community, whichever is less;
(3) is operated primarily for the promotion of social welfare and general neighborhood improvement and enhancement;
(4) has been incorporated for at least two (2) years; and
(5) is exempt from taxation under Section 501(c)(3) or 501(c)(4) of the Internal Revenue Code.
The concept is urban homesteading allowing a group rather than a single individual to take abandoned property and make the property usable. The nonprofit establishes a receivership of the property.
IC 32-30-5-7 Receiver's powers
Sec. 7. The receiver may, under control of the court or the judge:
(1) bring and defend actions;
(2) take and keep possession of the property;
(3) receive rents;
(4) collect debts; and
(5) sell property;
in the receiver's own name, and generally do other acts respecting the property as the court or judge may authorize.
The nonprofit goal is to repair unsafe buildings in their neighborhoods. that is in violation of the city's neighborhood code.
Sec. 20. (a) A court acting under section 17 of this chapter may appoint a receiver for the unsafe premises, subject to the following conditions:
(1) The purpose of the receivership must be to take possession of the unsafe premises for a period sufficient to accomplish and pay for repairs and improvements.
(2) The receiver may be a nonprofit corporation the primary purpose of which is the improvement of housing conditions in the county where the unsafe premises are located, or may be any other capable person residing in the county.
(3) Notwithstanding any prior assignments of the rents and other income of the unsafe premises, the receiver must collect and use that income to repair or remove the defects as required by the order, and may, upon approval by the court, make repairs and improvements in addition to those specified in the order or required by applicable statutes, ordinances, codes, or regulations.
(4) The receiver may make any contracts and do all things necessary to accomplish the repair and improvement of the unsafe premises.
(5) A receiver that expends money, performs labor, or furnishes materials or machinery, including the leasing of equipment or tools, for the repair of an unsafe premises may have a lien that is equal to the total expended.
The nonprofit incentive for expending money in such building are to save the building prevent further abandonment of the neighborhood, prevention of demolition of historical building and a profit if the building is sold later after repairs.
A receiver appointed to sell an unsafe premises may sell the property:after investing in these property can petition the court for sale of property. The nonprofit is given a year to bring the property into compliance with the city's code. (
(A) to the highest bidder at auction under the same notice and sale provisions applicable to a foreclosure sale of mechanic's liens or mortgages; or
(B) for fair market value if all persons having a substantial property interest in the unsafe premises agree to the amount and procedure.
The transferee in either a public or private sale must first demonstrate the necessary ability and experience to rehabilitate the premises within a reasonable time to the satisfaction of the receiver.
d) The title to real property may be conveyed to a community organization purchasing the property as a determinable fee, with the language of the granting clause in the deed of conveyance to include the language: "The property is conveyed on the conditions that the purchaser:After that year, the nonprofit can sell the property and recoup their cost of renovation from bring the property into compliance.
(1) will list the property for sale within twelve (12) months of taking possession;
(2) will bring the residence up to minimum code standards in twelve (12) months;
(3) will carry adequate fire and liability insurance on the dwelling at all times; and
(4) will comply with any additional terms, conditions, and requirements as the agency requires before __________ (date of the deed) under IC 36-7-17.".
The deal protects government from charges of eminent domain and prevent property from further deterioration. Individuals and their families can get into this deal as long as they remain in the property for three years.
IC 36-7-17-5
(a) A person or community organization may apply for the program by completing a bid application.
(b) The following An applicant is applicants are qualified and shall be approved to receive real property offered under this chapter: if he:
(1) A person who:
(A) is at least eighteen (18) years of age;
(2) (B) possesses the financial resources to support a loan, the necessary skills to rehabilitate the property, or a combination of both; and
(3) (C) has, including immediate family, not previously participated in the program.
(2) A community organization as described in IC 36-7-9-2.
(c) Approved applicants are entitled to receive a list of all properties
owned by the unit that are available under this chapter.
(d) Approved applicants may apply for each dwelling in which they are interested. A drawing shall be held to determine those persons applicants receiving the dwellings. Persons applying under this chapter shall receive priority over community organizations if both indicate an interest in the same dwelling. Each approved applicant person and his or her immediate family may receive only one (1) dwelling in the drawing. Each approved community organization may receive as many dwellings as the agency considers proper.
IC 36-7-17-6
The conveyance of a dwelling to an applicant under this chapter shall be made in return for a fee of one dollar ($1) or more and the execution by the applicant of an agreement with the following minimum conditions:
(1) The applicant must:
(A) if a person, reside in the dwelling as his the person's principal place of residence for a period of not less than three (3) years; or
(B) if a community organization, agree to list the dwelling for sale within twelve (12) months after possession.
For example, in Fort Wayne, Indiana a theatre called Rialto has long stood abandoned. This property was not given to a nonprofit with members from the neighborhood. The Rialto was given to a newly formed group a month after the law was passed. This group called itself the Reclamation Project. Don't be scaareed, coming soon to a neighborhood near you.
Taxes 101- Children First
Journal Gazette editorial states:
To save adults jobs it becomes an either/or proposition. Children don't own businesses in Fort Wayne. Children sit in the dugout waiting for a chance. So when limited property taxes dollars are split between schools for children or building businesses, businesses are given the chance to make it to first base.
Where would tax payers want their tax dollars spent on their children of course,
The voters should be real angry with the misinformed leadership of the Democratic Mayor and its representatives. Is the city not getting ready to rezone an area to place more businesses where folks don't want them while the southcentre area folks remains hungry for more businesses. Can we say TIF dollars, Southcentre is called a Southcentre Community Revitalization Enhancement District. How come no TIF for Southcentre. It's gonna take you a minute, but it'll come. Here's a hint below:
If Fort Wayne residents had to choose between spending dollars on schools or a downtown stadium, the decision would be a no-brainer – few would argue that baseball is more important than education. But the two ambitious projects aren’t competing for tax dollars – this is no either/or proposition.
To save adults jobs it becomes an either/or proposition. Children don't own businesses in Fort Wayne. Children sit in the dugout waiting for a chance. So when limited property taxes dollars are split between schools for children or building businesses, businesses are given the chance to make it to first base.
Where would tax payers want their tax dollars spent on their children of course,
They should spend their money on schools,and They should do something for the schools instead.
The voters should be real angry with the misinformed leadership of the Democratic Mayor and its representatives. Is the city not getting ready to rezone an area to place more businesses where folks don't want them while the southcentre area folks remains hungry for more businesses. Can we say TIF dollars, Southcentre is called a Southcentre Community Revitalization Enhancement District. How come no TIF for Southcentre. It's gonna take you a minute, but it'll come. Here's a hint below:
A $30 million to $40 million shopping center could be under construction on Illinois Road by late summer.
Fort Wayne Plan Commission members approved the 275,000-square-foot shopping center planned across the street from Apple Glen with little discussion Monday, despite some neighbors’ concerns about traffic. The City Council still needs to vote on rezoning the site for shopping center use.
School Funding
School funding Schools funding resources can come from local taxation and from state assisted aid. The burden of education falls mainly on local community. The amount spend per pupil by the community can signals a commitment to a certain quality of education for its students. Sometimes the state and federal government will provide additional revenue for enhancing students' and teachers' performance 2009.
PROPOSED FWCS 2007 APPROPRIATIONS AND LEVIES found on page 3 in the minutes above.
If property is taken from the residents of Fort Wayne and no replacement property, there is less tax dollars to pay for schools.
The disparate funding for public schools and between states and within metropolitan areas has turned some public schools into meccas for affluent students and others into decaying infrastructures with overcrowded classrooms and soaring drop-out rates.
School funding comes from a variety of federal, state, and city money pots. About 46 percent of public spending on elementary and secondary schools is derived from local government budgets. The size of the local tax base is one reason for the large disparity in spending.
Can you name what Mayor or Mayors' accountants currently works, now, for the Parks Department, Allen County Public Library, and Fort Wayne Community Schools? Do you think it was just happenstances that these accountants (with all the accountants that are throughout the state of Indiana) floated to the city's biggest money coffers. And another questions does any of these accountant audit any of these departments? You only get one guess. Let's stop trying to blame the state.
Monday, January 29, 2007
A Lie can't live forever
Leo Morris writes,
Mark Brown writes
The Indiana Constitution declares,Article X, Section 1 that
The Indiana Tax Court, declares that is the law, not secrecy to steal from its citizen. No surprise white collar criminals are supported by mainstream. It's the other criminals we want to throw under the jail and yell we fight crime. yeah right.
By maintaining secrecy, the city avoided paying highly inflated prices for the properties. And eminent domain was not necessary.
Mark Brown writes
In terms of assessments, we found almost a systematic inconsistency,” said Mark Brown, the institute’s research director and author of the equalization report. “There were some homeowners with assessed valuations as little as 65 to 75 percent of market value, others with 130 to 135 percent of market value.”
Tremendous inconsistencies were found between the state and counties. Within counties, assessors and auditors often used different data procedures and systems, resulting in the flawed values. Because a property owner’s tax levy is determined by the total of a taxing district’s assessed valuation, under-assessed or over-assessed properties skew the base figure and, in turn, the tax rate. Under-assessed properties result in a higher tax rate and higher tax bills.
Even more troubling, the inconsistencies occurred within and across townships, even those townships in the same county!
The Indiana Constitution declares,Article X, Section 1 that
“[t]he General Assembly [to] provide, by law, for a uniform and equal rate of property assessment and taxation and [to] prescribe regulations to secure a just valuation for taxation of all property, both real and personal.” IND. CONST. ART. 10, § 1(a). This provision has long been held to require: (1) uniformity and equality in assessment, (2) uniformity and equality as to the rate of taxation, and (3) a just valuation for taxation of all property.
The Indiana Tax Court, declares that is the law, not secrecy to steal from its citizen. No surprise white collar criminals are supported by mainstream. It's the other criminals we want to throw under the jail and yell we fight crime. yeah right.
Friday, September 01, 2006
Mayor Graham Richards
How many days before the election: 67? I posted this yesterday:
If your property value is not being reduced back to what it was in 2002, how is the property tax being reduced? Answer: its not.
Today, Ben Lanka of the Journal-Gazette reports on why the tax rate may go down but that don't mean your tax bill is going to be that less of a bill.
Aboite has just gotten punked, that's all, plain and simple.
Read what Bill Ruthhart of IndyStar reports about lowering tax rate when property values may go up on a yearly basis, and that's the rest of the story.
If your property value is not being reduced back to what it was in 2002, how is the property tax being reduced? Answer: its not.
Today, Ben Lanka of the Journal-Gazette reports on why the tax rate may go down but that don't mean your tax bill is going to be that less of a bill.
Aboite has just gotten punked, that's all, plain and simple.
Read what Bill Ruthhart of IndyStar reports about lowering tax rate when property values may go up on a yearly basis, and that's the rest of the story.
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