[Vision2020] city tazes
Jon Kimberling
jon@n-k-ins.com
Mon, 28 Jul 2003 12:46:58 -0700
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John- the city budget for the coming year provides for the following =
increases:
3% property tax increase(as allowed by State law)
$25,436 of previously available but not taken property tax- this is =
catch up for an overly conservative estimate made a year ago on the =
growth of our tax base
4% for sewer rates
4% for water rates
I would note that prior to this year the City had taken a total of 10% =
of the 24% available over the last 8 years. Other sister institutions in =
the state have consistently taken their 3% annually.
One of the reasons for the increase is that the City is receiving =
reduced revenues from the State. Specifically, our revenues from the =
State including state-share revenues, sales tax and highway user fees =
are all lagging. I'm hopeful that last months positive revenue report =
from the State is the beginning of a positive trend about the business =
climate within the state.
Thanks for the question.
Jon Kimberling
----- Original Message -----=20
From: John Danahy=20
To: Vision2020=20
Sent: Sunday, July 27, 2003 9:10 PM
Subject: [Vision2020] city tazes
I heard somewhere that the city of Moscow has decided to raise local =
property taxes by 4%. Is this true? And if so, Why?
John
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<DIV>
<DIV><FONT face=3DArial size=3D2>John- the city budget for the coming =
year provides=20
for the following increases:</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>3% property tax increase(as allowed by =
State=20
law)</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>$25,436 of previously available =
but not taken=20
property tax- this is catch up for an overly conservative estimate made =
a year=20
ago on the growth of our tax base</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>4% for sewer rates</FONT></DIV>
<DIV><FONT face=3DArial size=3D2>4% for water rates</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>I would note that prior to this =
year the City=20
had taken a total of 10% of the 24% available over the last 8 years. =
Other=20
sister institutions in the state have consistently taken their 3%=20
annually.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT size=3D2><FONT face=3DArial>One of the reasons for the =
increase is that=20
the City is receiving reduced revenues from the State.=20
Specifically, our revenues from the State including =
state-share=20
revenues, sales tax and<FONT size=3D3> </FONT><FONT =
size=3D2>highway user fees=20
are all lagging. I'm hopeful that last months positive revenue report =
from the=20
State is the beginning of a positive trend about the business climate =
within the=20
state.</FONT></FONT></FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Thanks for the question.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Jon Kimberling</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV> </DIV>
<DIV>----- Original Message ----- </DIV></DIV>
<BLOCKQUOTE dir=3Dltr=20
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<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3Djdanahy@turbonet.com =
href=3D"mailto:jdanahy@turbonet.com">John=20
Danahy</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dvision2020@moscow.com=20
href=3D"mailto:vision2020@moscow.com">Vision2020</A> </DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Sunday, July 27, 2003 =
9:10 PM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [Vision2020] city =
tazes</DIV>
<DIV><BR></DIV>
<DIV class=3DSection1>
<P class=3DMsoNormal><FONT face=3DArial size=3D3><SPAN=20
style=3D"FONT-SIZE: 12pt; FONT-FAMILY: Arial">I heard somewhere that =
the city of=20
</SPAN></FONT><FONT face=3DArial><SPAN=20
style=3D"FONT-FAMILY: Arial">Moscow</SPAN></FONT><FONT =
face=3DArial><SPAN=20
style=3D"FONT-FAMILY: Arial"> has decided to raise local property =
taxes by=20
4%. Is this true? And if so, Why?</SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D3><SPAN=20
style=3D"FONT-SIZE: 12pt; FONT-FAMILY: Arial">John</SPAN></FONT></P>
<P class=3DMsoNormal><FONT face=3DArial size=3D3><SPAN=20
style=3D"FONT-SIZE: 12pt; FONT-FAMILY: =
Arial"></SPAN></FONT> </P></DIV></BLOCKQUOTE></BODY></HTML>
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