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05/18/06 |
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Meat and Potatoes for Dallas.
(Response to DMN Editorial) |
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David Tuthill |
I have been studying
The Dallas Morning News editorial "Meat and
Potatoes for Dallas -2006 Billion Dollar Bond
Proposal" to find out if they took
into account some basic concerns. I have
not been able to figure out DMN's math.
DMN says the increase
will be about 21.00 per year for a house valued at
$144,266.00 and that in the sixth year it will increase to $988.00.
Is this like a balloon
payment (that is in vogue with homebuyers hoping to get into
that really big house they really can't afford)?
Every thing is
manageable until the sixth year when the city socks it to you?
I guess this covers just the increase for this bond proposal. What
about future bond proposals?
(Like this one will be the last one.) Does
this include the greater than 10%
valuation the appraisal district will hit the
homeowner with? Or,
does it assume the value of the home will remain at
$144,266.00 for the duration of this example (a tactic used by the city in
explaining the cost at a recent town meeting regarding
the bond proposal). Of course,
this is icing on your present tax bill as
DMN's figures do not include present tax rates.
It seems the city is vying for first place on the amount of tax on your
property tax bill with the school district, and
doing just about as good a job. Keep in mind there
will be additional bond proposals once this one is
shoved on the homeowner.
Again, I do not see anything that gives
me confidence the city is spending money wisely.
Don't forget the tax abatements the
council constantly gives to developers who won't pay
their way.
Dallas City Hall (council and management) constantly amazes
me. Almost as amazing as the Dallas
Independent School District and it's past
shenanigans.
I noted the debate about the Timbercreek Apartment
complex, a complex that has been
kept in good condition with low
crime compared to many
apartments in the city condemned in favor of
a new development by Trammell Crow
Company. Now, it comes to light the
Crow people will want a tax subsidy on top of that
from the city and taxpayers. Well, why not? The city
gives out tax abatements like candy to children. Are you
a developer? How about an abatement?
This is on top of the failure of the city to collect $40
million in traffic fines and another hunk of change
for library fines, too.
What about those funds for Love Field
landings?
What ever happened to all those lawsuits (ex-Police
Chief Bolton and the Police fake drug stings)?
Have they been paid?
We have a Billion dollar bond proposal chocked full of
such needed items as funding for the "Hanging gardens
of Woodall Rodgers" and other "necessary" items.
It will just add a few dollars to your
tax bill, but they fail to inform the public
their estimates have not factored in the effect of
rocketing property appraisals that exceed the mandated
10% cap per year.
No wonder the city (like other municipalities) bemoans
the 5% yearly appraisal cap referendum that
was passed in the Republican primary this spring,
an election victory buried so deep I had to
call my state representative to find out the
outcome.
We should not be forced to live within our means like other
people! We need more money from the taxpayers. After all,
we've got big dreams, as big
as the silhouette of Leo Chaney that is to grace
Opportunity Park.
The city is jonesing for more of your money,
and those poor developers should not be forced to fund
their own projects by themselves. They need
you to help foot the bill.
David W. Tuthill
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