Besides the fact that the county and school district are going opt-out crazy (even though the SFSD has a $11 Billion in valuations and we are looking at another record year in building permits) the city council gets to vote on property tax increases at the end of September (historically). The state allows between 2%-3%. Last year the council voted 7-1 to increase it by 2.1% (Stehly was the lone NO vote).
Yesterday during the city council meeting, councilor Pat Starr pointed out that while the city only needs a 25% reserve fund they have around 38%.
There really is NO viable reason the city needs to vote for this increase. It will be interesting to see how the city council votes on this increase since I can’t remember the last time it has ever been voted down. I think it has passed every single year for at least the last decade.
We all know that the RS5 rarely votes for the citizens, so it will be fun to listen to their reasons why they need to vote for this unneeded increase. I have often argued with record growth in our city (and valuations) we shouldn’t have to increase the percentage the city taxes.