Balance the FY2015 Budget without increasing property tax rate.
This petition had 63 supporters
The County's FY 2015 advertised budget plan states that the "budget maintians the tax rate at the current level of $1.085 per $100 of valuation ... to provide a 2 percent increase to Schools ..." The School system is asking for that rate to be increased 2 cents for a 5.7 percent increase in the school's budget. The County's proposed budget states that 63.2% of General Fund receipts come from Real Estate Taxes and that the schools receive 52.1 percent. Real Estate Assessments are up an average of 6.54 percent in FY 2015 and were up 3.50 percent in FY 2014. For homeowners that is a 10% increase in property taxes over two years even while maintaining the current level of $1.085 rate. Until commercial tax revenue increases the school system budget cannot be increased more than the 2 percent increase in the County's proposed budget. Homeowners have not received a ten percent increase in their pay checks and cannot afford the tax rate increase on top of the property assessment tax increase. By signing the petition the supervisors will understand that the tax payers are paying enough and are being priced out of their homes, especially those on a fixed income. In addition to limiting the schools at a 2 percent increase no new initiatives should be undertaken until commercial revenues increase, another source of revenue is identified, or the budget is cut in other places to allow for funding any new intiatives.
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