Quote:
Originally Posted by Plinker
Exactly my point. Wait until next year and provide a link so each property owner can get a precise dollar amount they would pay if the proposal was enacted. Also, more clearly offer pros and cons of a yes/no vote. Then, place the proposal on the ballot. Sure, the numbers will change year to year, but at least we will have a baseline to draw conclusions.
Right now, it appears that no concrete numbers are possible until AFTER the referendum passes. If this is the case then it appears the cart is ahead of the horse.
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Quote:
Originally Posted by Bill14564
Concrete numbers for your current assessment are available today and have been for a while now. How can you not know that after all the posts, articles, and announcements?
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Quote:
Originally Posted by Plinker
I am fully aware of the current assessments. How that would change next year should this referendum pass is anybodies guess. That is what many of the posts are concerned about. I’m agreeing with those stated concerns.
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Quote:
Originally Posted by Bill14564
How will it change if the referendum does not pass? You don’t know that either yet that is apparently not a concern?
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What do we know & what don't we know:
Assessments:
- Change every year
- Went up significantly this year
- Don't know what will happen next year
- With the IFD: Don't know
- Without the IFD: Don't know
Property tax rate:
- 6.15mils last year
- 5.59 mils this year
- ??? next year
- With the IFD: Will be decreased some amount due to VPSD being removed from budget
- Without the IFD: Don't know
VPSD budget request:
- $16M last year
- $17.6M this year
- ??? next year
- With the IFD: Don't know but will likely be approved
- Without the IFD: Don't know but will likely be approved
Fire protection cost per Village home:
- $124 + 1.33 mil last year
- $124 + 1.65 mil this year
- ??? next year
- With the IFD: $124 + 0.75*Improved value + 0.1mil (estimated)
--- Works out to be about $124 + 1.1 mil or about 0.5mil LESS than this year
--- For an exact dollar amount use the
VPSD tax estimator
- Without the IFD: $124 + xxx mil
--- where xxx was 1.33 last year, 1.65 this year, and likely to be more next year
So what concrete information do you have about next year if the IFD does not pass? What will my assessment be? What will the VPSD budget be? What will my fire protection cost be? What precise numbers can you provide for next year if the IFD fails? If concrete numbers aren't available for the case where the IFD fails then by your logic it is time to pass the IFD.