Hello There, Guest! (LoginRegister)

Post Reply 
Mayor Turner proposes property tax rate hike to aid Harvey recovery
Author Message
TigerBlue4Ever Offline
Ban bans
*

Posts: 34,054
Joined: Feb 2008
Reputation: 903
I Root For: truffles
Location: is everything
Post: #21
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
What else would anyone expect from a democrat?
09-13-2017 01:05 PM
Find all posts by this user Quote this message in a reply
I45owl Offline
Hall of Famer
*

Posts: 17,677
Joined: Jun 2005
Reputation: 172
I Root For: Rice Owls
Location: Dallas, TX

New Orleans Bowl
Post: #22
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
(09-13-2017 11:10 AM)WoodlandsOwl Wrote:  
(09-13-2017 10:32 AM)UTSAMarineVet09 Wrote:  and I heard on the news that the city is asking volunteers to enter their time on their perspective websites, so they can ask FEMA to reimburse those "volunteer" hours.
Apparently there is a huge difference between the expenses that the City of Houston has already incurred and the amount of FEMA reimbursement the City expects to receive. Thus the rate increase.
Another factor to consider the hit to the property tax base as a result of Harvey. I wouldn't be surprised to see valuations to fall 60-75% on some residential property where you have a non-repaired flood damaged home. Improvements basically valued at $0.00 and the land value should take a hit too if its in a area that historically floods.

There is some percentage of property that will never be rebuilt, including in the reservoir areas... I think there was some talk of buying out property owners in some neighborhoods?

(09-13-2017 11:24 AM)WoodlandsOwl Wrote:  
(09-13-2017 09:54 AM)Fitbud Wrote:  You think that money is actually going to go to help aid Harvey recovery?
That's precious.
"The mayor's office says this would be a one-time rate hike that expires after 12 months and cannot be renewed. It would raise about $110 million to be used to repair damaged city property and facilities."
03-lmfao $110 million???

I read this just as city owned property ... nothing to do with private property or individual victims.
(This post was last modified: 09-13-2017 06:14 PM by I45owl.)
09-13-2017 06:13 PM
Find all posts by this user Quote this message in a reply
olliebaba Offline
Hall of Famer
*

Posts: 14,661
Joined: Jul 2007
Reputation: 594
I Root For: Christ
Location: El Paso
Post: #23
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
I can just hear them, "oh, I'm sorry for all the thousands of dollars that will be needed to fix your home and you without insurance, tsk. Oh, by the way, you owe us 8.9% more on your taxes, have a nice day".
09-13-2017 06:55 PM
Find all posts by this user Quote this message in a reply
Fort Bend Owl Online
Hall of Famer
*

Posts: 17,376
Joined: Jun 2005
Reputation: 165
I Root For: An easy win
Location:

The Parliament Awards
Post: #24
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
Fort Bend County is run by Republicans. They're probably going to do the same thing - raise property taxes.

Woodlands Owl - you think flooded homes will only be 60-70 percent appraised value? I think a home that is ruined should be appraised even lower than that!

What about homes that didn't suffer any flooding? Do you think they will go up, stay the same or go down a bit?
09-13-2017 07:08 PM
Find all posts by this user Quote this message in a reply
WoodlandsOwl Offline
Up in the Woods
*

Posts: 11,460
Joined: Jun 2005
Reputation: 98
I Root For: Rice Owls
Location:

New Orleans Bowl
Post: #25
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
(09-13-2017 07:08 PM)Fort Bend Owl Wrote:  Fort Bend County is run by Republicans. They're probably going to do the same thing - raise property taxes.

Woodlands Owl - you think flooded homes will only be 60-70 percent appraised value? I think a home that is ruined should be appraised even lower than that!

What about homes that didn't suffer any flooding? Do you think they will go up, stay the same or go down a bit?

Remember the total property value is the sum of the land value plus the improvements value.

Improvements value drops to zero. The only taxable value is the land value thus the 60-75% drop overall
09-14-2017 11:50 AM
Find all posts by this user Quote this message in a reply
Fitbud Offline
Legend
*

Posts: 28,994
Joined: Dec 2011
Reputation: 174
I Root For: PAC 12
Location:
Post: #26
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
So let me see if I have this straight. The value of your house just dropped and the city wants to raise taxes? Sounds like everything would even out.
09-14-2017 12:09 PM
Find all posts by this user Quote this message in a reply
UTSAMarineVet09 Offline
Corporal of the Board.
*

Posts: 11,667
Joined: Oct 2011
Reputation: 675
I Root For: UTSA
Location: Houston, TX
Post: #27
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
(09-14-2017 12:09 PM)Fitbud Wrote:  So let me see if I have this straight. The value of SOME houses just dropped and the city wants to raise ALL PROPERTY taxes? Sounds like everything would even out in the democrat's world.

FIFY
09-14-2017 12:21 PM
Find all posts by this user Quote this message in a reply
EverRespect Offline
Free Kaplony
*

Posts: 21,534
Joined: May 2012
Reputation: 470
I Root For: ODU
Location:
Post: #28
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
(09-13-2017 09:34 AM)UTSAMarineVet09 Wrote:  Lets help flood victims... by taxing flood victims!

Quote:HOUSTON - Mayor Turner will seek city council's approval of an 8.9% hike in the city's property tax rate to help with Hurricane Harvey recovery, according to Alan Bernstein with the mayor's office.

http://www.khou.com/news/local/mayor-tur.../473736960

He's got some kickbacks coming his way.
09-14-2017 12:42 PM
Find all posts by this user Quote this message in a reply
EverRespect Offline
Free Kaplony
*

Posts: 21,534
Joined: May 2012
Reputation: 470
I Root For: ODU
Location:
Post: #29
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
(09-13-2017 09:36 AM)Fitbud Wrote:  How else are you going to pay for all those frivolous law suits?

That's why you have insurance.
09-14-2017 12:42 PM
Find all posts by this user Quote this message in a reply
EverRespect Offline
Free Kaplony
*

Posts: 21,534
Joined: May 2012
Reputation: 470
I Root For: ODU
Location:
Post: #30
RE: Mayor Turner proposes property tax rate hike to aid Harvey recovery
(09-13-2017 11:24 AM)WoodlandsOwl Wrote:  
(09-13-2017 09:54 AM)Fitbud Wrote:  
(09-13-2017 09:49 AM)UTSAMarineVet09 Wrote:  I didnt know the City of Houston was being sued, and even if it is, he said that it was to aid Harvey recovery... not to help with the lawsuits.

You think that money is actually going to go to help aid Harvey recovery?


That's precious.

"The mayor's office says this would be a one-time rate hike that expires after 12 months and cannot be renewed. It would raise about $110 million to be used to repair damaged city property and facilities."

03-lmfao $110 million???

That will just enough to pay off all the contractors that donated to the politicians with just enough left over to kick back a percentage back to the politicians.
09-14-2017 12:45 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2017 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
Powered By MyBB, © 2002-2017 MyBB Group.