FISD Plans Another Tax Increase

[marieavon]

I just received the message below from a friend who is a member of the Frisco Tea Party... I'm normally not very political, but this is concerning even for me... I've attached the pages from the Enterprise newspaper that are referenced.

FISD Plans Another Tax Increase

The Frisco Independent School District is holding a public meeting on Monday, June 18th at 7:30. The subject is FISD's 2012 budget which will force you to pay nearly 4% more in property taxes. The AVERAGE increase is $134 - much more if your home is "above average." It is the largest increase they can "legally" do without presenting the tax increase to the voters. Moreover, due to increased assessments, they appear to be planning a whopping 14% increase in total budget over 2011.

Below is the notice of public hearing that appeared in last Friday's Enterprise newspaper - you can do the math yourself. (We apologize for the poor quality - but FISD didn't have it posted on line so you can't link to it or get a clean copy). Full transparency!

[MSJ]

How else are they going to be able to build the Taj Mahal of administration buildings and all the new 4A high schools when the state keeps cutting there funding.

[Canned Laughter]

Spend Spend Spend, that's what we do here in this perfect little utopia. So looking forward to moving.

[Tooleman]

Im already out..

[MSJ]

Originally Posted by Tooleman

Im already out..

No your not, you just moved to the new version of the same thing.

[Rebel]

Originally Posted by Tooleman

Im already out..

You probably should have looked here first.

Prospoer ISD is at 1.67 as of last year. Even after the FISD increase Prosper is 21 cents higher.....

And their City taxes are 8 cents higher....

[whatsthat]

The reliance on property taxes in Texas is depressing property values and sqeezing the elderly.

Texas touts no state income tax...but kills its citizens with property taxes.

Property values are based in part on what buyers are willing to pay and are able to afford. Property taxes can raise monthly payments anywhere from $500- $1000 per month. And we are going to increase these taxes?

How are the elderly on fixed incomes to afford such high property taxes?

[TPW]

Originally Posted by whatsthat

The reliance on property taxes in Texas is depressing property values and sqeezing the elderly.

Texas touts no state income tax...but kills its citizens with property taxes.

Property values are based in part on what buyers are willing to pay and are able to afford. Property taxes can raise monthly payments anywhere from $500- $1000 per month. And we are going to increase these taxes?

How are the elderly on fixed incomes to afford such high property taxes?

Don't the elderly have an exemption that fixes their property taxes at a certain rate? I believe that is the case so they are not impacted by rising property taxes. Can someone add anything to this?

I'll take higher property taxes over a state income tax any day of the week. I can control somewhat my property tax burden by not purchasing a very $$$$ home if I don't want to.

[Piiilot]

Originally Posted by whatsthat

The reliance on property taxes in Texas is depressing property values and sqeezing the elderly.

Texas touts no state income tax...but kills its citizens with property taxes.

Property values are based in part on what buyers are willing to pay and are able to afford. Property taxes can raise monthly payments anywhere from $500- $1000 per month. And we are going to increase these taxes?

How are the elderly on fixed incomes to afford such high property taxes?

Well first of all, I believe in Texas the elderly are exempt from school taxes, but someone please check me on that. Second, if we don't pay stay income tax, how exactly would you propose we pay for our schools ?

[Piiilot]

Originally Posted by marieavon

I just received the message below from a friend who is a member of the Frisco Tea Party... I'm normally not very political, but this is concerning even for me... I've attached the pages from the Enterprise newspaper that are referenced.

FISD Plans Another Tax Increase

The Frisco Independent School District is holding a public meeting on Monday, June 18th at 7:30. The subject is FISD's 2012 budget which will force you to pay nearly 4% more in property taxes. The AVERAGE increase is $134 - much more if your home is "above average." It is the largest increase they can "legally" do without presenting the tax increase to the voters. Moreover, due to increased assessments, they appear to be planning a whopping 14% increase in total budget over 2011.

Below is the notice of public hearing that appeared in last Friday's Enterprise newspaper - you can do the math yourself. (We apologize for the poor quality - but FISD didn't have it posted on line so you can't link to it or get a clean copy). Full transparency!

Before we start jumping up and down about this,do you know what they need the money for ?