file photo by Boyd Loving
The village council has shown no regard for rising taxes and in fact has only acted to ensure they will continue to go up. The garage will eventually need property taxes to pay the million dollar annual gap between expense and parking revenue. With high density housing our schools will be overloaded forever and that budget will only grow by large numbers. $15 min wage will crush all CBD businesses and that will lower tax receipts there, a gap higher local property taxes will have to cover. As housing sales on the highest property tax homes in town see price erosion the lower assessments will get covered by…higher local property taxes. Meanwhile, the village spends like fools and hikes fees everywhere.