The $7 million proposed property tax is a big hit but essential to the financial stability of our town; without it our controllable limited funding options (Sales tax and fees) won’t suffice. You know how that $36 fee went over.
This proposal does offer a benefit to full-time property owners and renters because 55 percent of Fountain Hills’ assessed property value or $3,850,000 will be the shared responsibility of second home property owners and the investment community (commercial, rental and lot property owners) who don’t presently participate in fire, police or street repair costs. Saying no to this proposal for reasons otherwise expressed is like cutting your nose off to spite your face; it’s not common sense.
The $3,150,000 balance is retired by full-time property owners. Not bad, the voters get 100 percent of the benefit for 45 percent of the cost rather than 45 percent of the benefit for 100 percent of the cost, which is the present condition.
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Essential
Posted
Phil Gaziano
The $7 million proposed property tax is a big hit but essential to the financial stability of our town; without it our controllable limited funding options (Sales tax and fees) won’t suffice. You know how that $36 fee went over.
This proposal does offer a benefit to full-time property owners and renters because 55 percent of Fountain Hills’ assessed property value or $3,850,000 will be the shared responsibility of second home property owners and the investment community (commercial, rental and lot property owners) who don’t presently participate in fire, police or street repair costs. Saying no to this proposal for reasons otherwise expressed is like cutting your nose off to spite your face; it’s not common sense.
The $3,150,000 balance is retired by full-time property owners. Not bad, the voters get 100 percent of the benefit for 45 percent of the cost rather than 45 percent of the benefit for 100 percent of the cost, which is the present condition.
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