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- 1-mill <b>property</b> <b>tax</b> renewal on next Saturdayâs ballot
- Orange Beach finance chair pitches <b>property</b> <b>tax</b> to plug expected budget gap
- No <b>property</b> <b>tax</b> bill yet? They didn't forget
[Ads by Yahoo!] H&R Block® E-file Taxes Posted: You must have JavaScript enabled to view our site. Your browser currently has JavaScript disabled. Please follow the directions below to enable JavaScript. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
1-mill <b>property</b> <b>tax</b> renewal on next Saturdayâs ballot Posted: 01 Apr 2010 12:30 PM PDT Comment posters are responsible for the opinions they express and the accuracy of the information they provide. We urge comment writers to treat this as a public forum where manners matter. We encourage a collegial, non-insulting tone. All readers comments must be approved by our staff before posting to the Web site. Be aware, in accordance with the Communications Decency Act and provisions upheld in judicial appeal, that you are responsible for comments posted on this Web site. The L'Observateur is not liable for messages from third parties.
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Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
Orange Beach finance chair pitches <b>property</b> <b>tax</b> to plug expected budget gap Posted: 01 Apr 2010 04:57 AM PDT By Ryan DezemberApril 01, 2010, 6:52AM To come up with $742,000 needed to plug a projected budget shortfall in 2011, Al Bradley, a former tax attorney and real estate developer who heads the Finance Committee, told council members and residents that they'd need to make deep cuts if they didn't find more tax revenue. "To get to $750,000 you'd have to fire half of the Fire Department," Bradley said. "To get $750,000 you can fire half the Police Department." City Hall's already shed 67 jobs in recent years, or about $2.6 million annually from the municipal payroll, and reduced operating expenses by about $400,000 a year, Bradley said. "We're counting paper clips, we're counting pencils, we're keeping thermostats up in the summer, we're turning them down during the winter," Bradley said. "The fat's been cut. There is no more." And there are no foreseeable quick fixes -- a $400,000 impact fee from the Turquoise Place project, $600,000 transferred from the sewer fund, or a quick savings from layoffs -- like there have been in recent years to plug a budget hole in 2011, he said. As such the Finance Committee, which consists of three retired business people who were appointed to advise City Hall on fiscal matters, has proposed levying an additional mill of ad valorem tax. A mill equals $1 for every $1,000 in assessed value. To the owner of a beach condo used as a second home or investment property, an extra mill would mean about $100 a year in additional taxes. Many Orange Beach residents would be untouched by a hike because of a 2004 law that exempts owner-occupied dwellings from the municipal ad valorem levy, which currently sits at 4 mills. And even businesses and rental properties, of which there are several thousand in Orange Beach, can count on lower tax bills next year. In a report released early last month, the Finance Committee showed how the plummeting property values that helped sour Orange Beach's finances will ensure that even after a 1-mill hike, property owners will pay less in 2011 than they did this year. Using tax data for six randomly chosen condominium units, the Finance Committee came up with an average assessed value of $293,433, which would have resulted in a $1,878 bill in 2009. Based on newer assessments, that tax bill is expected to fall to $1,690 in 2010. If Orange Beach tacked on an extra mill, the bill would be $1,743. In a room packed with residents attending Tuesday's work session to partake in other discussions, the property tax proposal prompted little public discourse. One woman proposed reducing garbage collections or charging for library memberships, but said she didn't oppose the property tax plan. One man suggested increasing the levy by 2 mills to raise extra money for beach work, but elected officials said 1 mill was all they could levy without bringing state legislators into the fray. Council members spoke little on the topic except to remind residents that their primary homes would not be taxed more if the measure's approved. And they agreed to move the proposal forward to a vote, which would likely come at the council's April 20 meeting. If elected officials decide to collect the additional mill, they must decide by May 1 in order to reap the proceeds in 2011. MUNICIPAL MILLAGE RATES Orange Beach: 4 mills Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
No <b>property</b> <b>tax</b> bill yet? They didn't forget Posted: 31 Mar 2010 10:08 PM PDT A $6.5 million effort to streamline Minnesota's entire property tax system is instead delaying property tax bills normally mailed out by now in more than a dozen counties. In theory, nobody's taxes should be affected, and property owners still will have time to meet every deadline. But the fact that the delays come just as most people are plodding through their income tax filings is creating headaches, especially for homeowners on fixed incomes hoping to take advantage of state property tax refunds. "It's clearly an inconvenience, and we apologize for that," said Chris Samuel, manager of property records and revenue for Ramsey County, the largest county affected. In the metro, Washington County also is experiencing delays; Dakota, Anoka and Hennepin counties are not. At issue are 2010 property tax statements, which are normally mailed out by now and include bills for the two property tax installments due this year. State law targets March 31 as the date for mailing them, but that deadline was blown, officials said. Washington County expects to get them to property owners late this week or next week, said Kevin Corbid, director of property records and taxpayer services. Ramsey County hopes to get its 160,000 notices out by April 15, but Samuels cautioned that further delays are possible. The first bill is due May 15, meaning there will be considerably less time than usual for taxpayers to make sure their money is available. For the many property owners who put money in escrow and have their mortgage company pay the tax bills, Samuel said, there shouldn't be any problem.He hedged his words because he couldn't guarantee the delay wouldn't trip up mortgage companies, but he said officials are working with lenders to ensure they're aware of the situation. And here's the situation: In 2008, 28 counties teamed up on a plan to upgrade their outdated tax-management systems to a system called Manatron, a national Web-based system that is supposed to reduce government costs and allow better access to data. "It'll provide all kinds of services we don't have now," Samuel said. "Of course, we realize that's no help to people right now." Corbid said the problem, in part, is the result of the need to program Manatron to handle the quirks of Minnesota's property tax structures, especially special assessments. "One, we're just learning to use all of the systems," Corbid said. "Two, Minnesota has a very complex property tax system, and all of that needed to be programmed into this computer software. So we're finding — not big issues — but there would be a small subset of parcels that had this specific thing happening to them." In short, the system was miscalculating the tax owed in a few cases — a potentially incendiary error for government. The statements also include information necessary to complete Form M1PR, the state property tax rebate form. For many homeowners in a market of falling property values, that rebate would be a buck or two, if anything. But if the property tax burden is a large enough proportion of an owner's income — as is often the case for retirees living in homes that have risen in value over the years — the refund would be worth the effort. Samuels said volunteer accountants with AARP have complained that the delays mean their clients seeking help with tax preparation will have to schedule a second consultation. Form M1PR isn't due until August, so people shouldn't have any problem getting their refund applications submitted in time. Other counties converting to Manatron include Chisago, Isanti, Stearns, Wright and Carver. Officials with the consortium of counties converting to Manatron could not be reached Wednesday to determine the extent of delays in other counties. Elizabeth Mohr contributed to this report. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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