Tuesday, April 22, 2008

More is never enough

We must first decide if we are an affluent society/community. An affluent society is defined as one in which all the people's material wants are easily satisfied; however, there are two possible courses to affluence per Marxhall Sahlins. According to Sahlins wants may be easily satisfied either by producing much or desiring little.

Man's wants are infinite just as the wants for the additional 43 cent property tax rate increase for the PISD. Man's means are limited. Are your means of providing for the additional 43 cent property tax increase limited? The average $50,000 house will see a $215 property tax bill increase. The average $100,000 house will see a $430 property tax bill increase. If you don't have the means then you need to vote NO on the PISD bond issue.

5 comments:

Casy46 said...

Wow! you guys really need to start looking at the facts. I have at least twenty people this week, that were on the fence, tell me they have looked at this web site and now they are positive they are voting yes! You guys are a great aset to getting this bond election passed! Thanks. Oh and im a businesses owner downtown, and you guys might want to start getting the facts right about those taxes too! And in fact all of the real estate agents in town are for the election! From Coldwell Banker to Century 21 to Properties Unlimited, just ask.

our money said...

I will put the concrete facts of the current tax rate of $1.11 + .43 needed for bond = $1.54 against the $1.43 the other side has 'locked' onto anyday.

How about instead of just publishing a number, explain how you get the $1.43 without the non-committed state assistance. Many would like to see how you come up with the $1.43.

our money said...

casy46 wants facts so I called Southwest Securities and this is a fact and I quote:

"$36.5 million assuming no additional state aid has a tax rate increase of 43 cents.
Pending assessed values from the central appraisal district are roughly $550,000,000."

When asked what happens if assessed values decrease below that amount "you will have to raise the 43 cent tax rate higher to offset the reduction in assessed values."

These are facts and not emotions! One who lets emotions become involved when making a business decision will not last long in business! Ask Bill Gates, Ross Perot, Steve Jobs, Bo Pilgrim, etc.

Perhaps you need to look at the first line you wrote "you guys really need to start looking at the facts." If you are a business owner then set your emotions aside and look at the REAL fact in regards to the tax rate! Quit telling people the rate is only going to go back to were it was two years ago. For two years ago the rate was $1.44. The new rate will be $1.54. My calculation shows this to be 10 cents higher than we were two years ago. You guys need to get your FACTS straight.

Anonymous said...

"$36.5 million assuming no additional state aid has a tax rate increase of 43 cents."

Thats right, see the "NO additional", with the additional that the state has pledged is .34, your side loves those scary tatics!

our money said...

bdawn1234,

The state has made no pledge to help out the PISD in regards to this bond issue. The .34 you cite is with additional state aid. What point are you trying to make?

On page 1 of the preliminary bond program analysis that was completed by Southwest Securities there is a summary of the analysis in regards to estimated I&S tax rate increases. 32.5 cents is the possible rate with state aid and .43 is the possible rate without state aid.

The state has made no pledge that state aid will be available, so one has to assume worse case scenario.

If you have something that disputes the analysis completed by Southwest Securities that was presented to the PISD board then I and others would be interested in taking a look at this information.