John Sharp, of the JS, reported today that the City of Peoria, would be adding $59 to property tax payers bill per $100,000 home value because of the Library Bonds.
In overselling the new libraries and expansion library President Mike McKenzie is quoted on 5/24/08 in the JS, "to fund the $35 million dollars for the library, would cost the tax payer $50 per $100,000 of assessed home valuation."
Despite the fact that the the City of Peoria, under extreme pressure from the JSEB to spend more, authorized only $28 million to be spent. What happened to McKenzie's JS's claim of $50 on a $35 million project that is now only $28 million and with a 18% increase in taxes on a $100,000 home, to $59? And on a $7 million dollar LESS project.
The Community Word, after the council approved only $28 million, in August, quotes "McKenzie claims the property tax rate could decrease which would mean only a a $36 increase on a $100,000.00 home. What happened, Mr. McKenzie? Why now $59?
If McKenzie is an accountant I'd advise his clients to get a second opinion.
All lies. Look for more of them as the museum tax approaches. Look for more people to move out of Peoria but come back to visit our Peoria property tax payer funded enhancements.
As I've warned before, I don't think property tax payers mainly in the newer sections of the city, have seen anything yet.
Both Gary Sandberg, Sandberg was the only "no" vote, he wanted all $35 million possibly because his tax bill was only $400+ in 2007 and Eric Turner, "I was not in favor of leaving out the $7 million" (Community Word, August 2008) badly wanted the $35 million.