Tuesday, February 16, 2010

Belated Post: More Taxes might be on May Ballot--Lake County Financing District Levy

An astute reader pointed out in the comments section earlier today that WE missed another tax issue coming at this Spring: The Lake County Financing District is seeking a renewal of levy costing tax payers $78.98 per $100, 000 of valuation.

Thank-you to the reader that pointed this out to us; again, we admit to needing help with this stuff

Of course, the Board and Superintendent Brian Bontempo said that is not a new tax
Because the levy would be a renewal, passage would mean no new taxes; homeowners would continue to pay an annual $78.98 per $100,000 of property valuation, according to estimates pending the auditor's final figures.
Superintendent Bontempo: you make us sick.  We are sick of your hands being out, getting a levy, and then telling us "...nothing to see here...no new taxes...."

Here is our favorite part of the article
Renewed every five years, the levy will otherwise expire in December.

Let it expire: when you first asked for it it was a temporay meausre.  Instead, the money swilling board never learned to live within its means.

The tax tally:

1)Lake County Finacing District,
2)Madison School Levy,
3)Lake County Board of Development Disabilities,
4)Income tax increase under consideration in Willoughby Hills.

Are we missing any other money grabs or proposed money grabs?

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