The Mayor of Chattanooga is pushing for a substantial tax rate increase this year. He says that we have not had a tax rate increase in 9 years and that is true. A more accurate assessment of city revenues would be to compare the property tax dollars collected in 1991 to the property tax dollars collected in 2009/projected 2010. I think that you will see that the city’s revenue from real property has increased by a huge amount. You and I have to live based on dollars in vs dollars out…we do not have the ability to raise our dollars in, just by voting on it and neither should the city. The city gets much more that a cost of living adjustment every year (i.e. new properties being developed, properties being remodeled, etc.). I know that my tax bills go up on a regular basis and I am paying more in tax dollars today than I did in 1991. My only concern with the media is that a true picture be made available to the residents of Chattanooga. Take a look at the total revenue collected from property taxes in 1991 and compare it to today’s total and you will see what I mean.
City taxes, fees going up?
The Mayor of Chattanooga is pushing for a substantial tax rate increase this year. He says that we have not had a tax rate increase in 9 years and that is true. A more accurate assessment of city revenues would be to compare the property tax dollars collected in 1991 to the property tax dollars collected in 2009/projected 2010. I think that you will see that the city’s revenue from real property has increased by a huge amount. You and I have to live based on dollars in vs dollars out…we do not have the ability to raise our dollars in, just by voting on it and neither should the city. The city gets much more that a cost of living adjustment every year (i.e. new properties being developed, properties being remodeled, etc.). I know that my tax bills go up on a regular basis and I am paying more in tax dollars today than I did in 1991. My only concern with the media is that a true picture be made available to the residents of Chattanooga. Take a look at the total revenue collected from property taxes in 1991 and compare it to today’s total and you will see what I mean.