| Name: |
rude evin
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| Subject: |
Annual Reappraisals may end ?
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Date:
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5/3/2007 10:45:00 PM
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Interesting article in the Opelika-Auburn News today....it seems that Sen. Scott Beason has gotten a Senate Committee to pass out a bill to end annual appraisals and go back to the every four year cycle to reappraise residential property. You can read it at www.oanow.com. If voters here in Alabama want to address their future appraisals and the impact on taxes, now is the time....it was suggested by the Senator that the public could make an impact by contacting their legislators. However, having played in that sandbox before in another life.....you also need to go after the county commission
and education associations because they will fight this reversal. Any interest??
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| Name: |
Osms
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| Subject: |
Annual Reappraisals may end ?
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Date:
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5/3/2007 11:07:06 PM
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I've been kinda surprised that there hasn't been an uproar. Guess everyone thought it was cute when their taxes went from say $500/yr to $1,000/yr--in a couple of years wonder if it'll be cute when their taxes go from $2,000 to $4,000 and in a couple of more years it goes from $4,000 to $8,000. We better stop it now.
BTW, noticed the Ala House passed a 7% teachers raise to the tune of some $270,000,000. Think they're ready to give your money ($$$$$$$$) to the German steel mill, too. Better wake up folks.
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| Name: |
head
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| Subject: |
Annual Reappraisals may end ?
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Date:
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5/4/2007 8:55:52 AM
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The last statement about the steel mill would be from someone who has put his mouth in gear before his brain. The steel mill will be the largest industrail complex to come to Alabama. @35000 workers to build 3500 to run and 3 to 1 on jobs related to the mill. This mill will be @ 3 times bigger than the 1st Mercedes plant. This money that the state will spend will be repayed many times over and just as the Mercedes project has with Jobs. Mobile will soon become a major port and all of AL. will grow
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| Name: |
Osms
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| Subject: |
Annual Reappraisals may end ?
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Date:
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5/4/2007 9:17:31 AM
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Don't disagree with the need for the jobs in Prichard, but do not feel that Alabama taxpayers should be required to open the treasury for almost unlimited gifts to a private company. We'll get the plant because we gave away more freebies than Louisiana could afford to give--something's wrong here.
Guess doubling your property taxes is OK, too?
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| Name: |
roswellric
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| Subject: |
I'
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Date:
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5/4/2007 10:47:33 AM
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| Name: |
roswellric
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| Subject: |
OOPS
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Date:
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5/4/2007 10:50:32 AM
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I'll bet Al gets the mill. The politics are really screwed up in LA. Anyone know how Mobile ranks as far a tonnage with the other US Ports?
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| Name: |
JIMMY
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| Subject: |
Huh?
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Date:
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5/4/2007 10:59:24 AM
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No complaining about higher property taxes. Its been said hundreds of times, higher property values are better for everybody. And higher property values means higher property taxes, so higher property taxes must be better for everyone too. If you can't have one without the other, you can't think one is great, and the other is bad. Just common sense.
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| Name: |
head
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| Subject: |
Annual Reappraisals may end ?
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Date:
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5/4/2007 11:04:08 AM
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Guess lake property doubling in price every 3 to 6 years does not have anything to do with taxes. I hate to pay taxes also, but as long as values go up what can we say. The steel mill will do for south Al. what Hyundai is doing for central AL. You got to pay to play
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| Name: |
F1Fan
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| Subject: |
Annual Reappraisals may end ?
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Date:
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5/4/2007 11:22:43 AM
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{See earlier comment about cognitive abilties of some members}
As long as the actual underlying value of my property doubles each time the taxes do and the rate of tax doesn't escalate dramatically, I'd be better off taking out a HELOC to pay my taxes if needed rather than bitching about the increase.
I have never seen so many so mad about such a huge amount of appreciation. I don't care that it's not "liquid", if it's real it's still good.
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| Name: |
roswellric
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| Subject: |
Here is the real deal
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Date:
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5/4/2007 11:53:53 AM
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Everyone is addressing the wrong issue. The issue is equitable appraising and appropriate milleage rates. If your value doubles then your taxes will double unless the the milleage rate is lowered to compensate for increased revenues.
That is why some folks want an annual assesment so half the county doesn't fall between the cracks with no revised appraisal. Now if the county didn't book the appreciation of property sales during the 4 years the playing field would be level.
If appraisals are not current the properties that have appreciated pick up proportunately less of the tax burden.
If your property is going up faster than the average you will want an appraisal every 100 years :-)
The reverse is true if values go down.
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| Name: |
Osms
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| Subject: |
Property taxes 101?
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Date:
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5/4/2007 11:55:14 AM
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I know everyone is smarter than this, com'on. Your 100% increase in "appraisal" does not automatically translate into a 100% tax increase. And an increase in tax appraisal does not help your portfolio one bit. The "millage rate" sets the tax rate in combination with the appraisal (assessment = % of appraisal used to tax) to determine the cash you have to pay up to the county. If the county has a 50% increase in appraisal value countywide, but only has a need for 10% more money for the year then they should adjust the millage to reflect the actual 10% additional needed.
Do the governments need the windfall they receive from the re-appraisal--NO. But if you don't hold their political feet to the fire they'll sure take it. Hopefully, some of you understand this--the county commissioners, the cities, and the school districts set the millage rates.
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| Name: |
Osms
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| Subject: |
Annual appraisals are OK,
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Date:
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5/4/2007 11:58:26 AM
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if the millage is adjusted to reflect actual need by the governments. THAT'S NO BEING DONE, ric.
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| Name: |
roswellric
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| Subject: |
Yep
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Date:
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5/4/2007 12:16:12 PM
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And that's the problem. Politicians are politicians. In the city of Atlanta values have gone through the roof and the infrastructure is being used more efficiently through higher density. But get a cut in milleage rate? HAHAHAHAHHAHAHAHAHAHAHAHAHHAHAH
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| Name: |
head
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| Subject: |
Property taxes 101?
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Date:
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5/4/2007 12:25:52 PM
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my head hurts
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| Name: |
Hadenuff
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| Subject: |
Property taxes 101?
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Date:
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5/4/2007 1:42:01 PM
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If you look in the mirror you will understand why it hurts. Anything that Ugly has to hurt.
Hey, want to buy my dinner tonight, since I paid last weekend?
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| Name: |
rude evin
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| Subject: |
Property taxes 101?
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Date:
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5/4/2007 3:44:52 PM
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I think everyone is on board with what happens to taxes when appraisals go up...... the politicians get increased revenue without having to raise the rates.........the question is do they have the political will to adjust the millage rate for what they really need or does it provide avenue to a larger budget without pain. This sentence was in the article"Education groups and the lobbying assoc. for the county commissions opposed the legislation, saying schools and counties have begun to count on the revenue from the reappraisals and have issued bonds based on the revenue." I don't think they could know what level each county would be setting their individual millage rates at this far in advance would they?Ergo, they must anticipate current rates?
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| Name: |
Lakeman
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| Subject: |
Huh?
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Date:
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5/4/2007 5:03:33 PM
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Jimmy I really don't know what you just said but the doubled property taxes are paying for the mill. When you get a 30% increase on the appraisal and a 100% increase on your property taxes the math just doesn't work. Yeah and I know that Alabama is still below the national average but at this rate it won't be long before we'll be leading the pack.
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| Name: |
MotorMan
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| Subject: |
The alternative is Prop 13
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Date:
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5/5/2007 1:33:07 PM
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California's infamous Prop 13 of 1975 froze taxes at that level unless you sold your home. It went to the CA Supreme Court when a man was paying $6000 for his $180,000 house while his neighbor paid $1000 for the exact same size house he bought in 1974 for $35,000. Court uphelp CA right to freeze assessments.
The $180, 000 house has since sold for $450,000 in 2004. It is hard to say if the $35,000 assesd house still has the same man alive in it. Its in his name and someone lives there and pays the meager taxes.
People became creative. 99 year leases started that year with $180,000 downpayment, + paying annual taxes. Same owner, same tax rate. $1 renewal fee in 99 years.
Rent control is there but I don't know when it started. Some old renters pay $88/mo and new appartments rent for $1150/mo.
In the long run, Its best to tax on what its worth.
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