sipembeers said:
4th and Inches said:
Eleven-League Grant said:
Eleven-League Grant said:
- La Vega ISD to hold $92MM bond election on May 4 that will increase I&S rate $.245 per $100, pretty much completely wiping out the 'historic' relief of just last year.
Well, it seems the 'people' have spoken. Or rather, 425 persons (total) have.
$93MM for a district with between 3-4,000 students.
Did I vote, you ask? Couldn't.
Merely owning commercial property in a district only gives one the right to pay school taxes, not to vote on them.
Rant over. I'll take it like a man, shut my mouth, pay the new taxes and move on. It's the new American way, I hear.
i feel ya, have many properties in mclennan county and pay for several school districts i cant vote in.. it is what it is
Such as the life of a "mean old greedy landlord"
No offense, but you are going to pass the increase to the tenant so that you can continue to get your cut.
There isn't anything wrong with it, but the melodramatic "mean old greedy landlord" is old.
Until the state (republicans, of which I am)changes its funding of public education, local districts will continue to lean on local taxes. One thing of note though, of the .245 increase that you will see will be compressed on the m&o side? When budgets are set, and new valuations come out, you likely won't see that large of an increase.
we havent raised rent since before covid
I understand the state of the economy for the working man and woman who make up our renters.
I have absorbed the cost of increased taxes, increased insurance rates, increased PM costs for the last 4 years.
Unfortunately, I will probably have to go up slightly this summer to maintain budget neutral but all of are properties will still be way under market value rent.
I have a renter who hasnt paid in 6 months, she needs to help and I can give it. Keep the house clean and the property maintained, i can forgive alot. Treat my property like trash and you get eviction filed after being 3 days late.
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–Horace
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