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City Revenue Streams |
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Vivian Moon
MUSA Council Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
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Posted: Feb 11 2012 at 4:11am |
City revenue streams going in different directions
By Michael D. Pitman, Staff Writer |
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Vivian Moon
MUSA Council Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
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2011
Mr. Adkins stated that we needed to demo 3,000 homes in City stated we will need to pay extra to pave our streets. City purchased numerous downtown properties for City stated they will cut Fire and Police protection due to budget. MMF CIC was given $75,000 to purchase the Sorg Opera House. In 2012 MCSD stated we need to build a new High School Mr.Adkins changed HUD formula so more money could be used for demo City wants to approve the Butler County Land Reutilization Corporation (Land Bank) City revenue streams going in different directions “But for the sixth straight year, property tax collections have fallen. Those collections took a 9.2 percent dive from 2010, which led to a tough budgeting year for the city.” Property tax… 2010: $3.42 million…2011: $3.01 million Gentlemen, I may only have three little gray cells but even I can see we have a major conflict between goals and results. What was the property value of the buildings that the City purchased from the Thatcher Estate? How many property taxes were lost when the City purchased these buildings? What about all the other commercial property that has been purchased and demo in the downtown area over the past three years that are now nothing but empty lots. Did you really think that the Property Tax Revenues would increase? Then we have Mr. Adkins and the HUD Funds being used to purchase and demo properties in the 1st and 2nd Ward. Every time a house is demoed in these areas the City looses about a $1,000 in property taxes. Mr. Adkins has stated he has a current goal to demo about 1,000 homes so that will be another $100,000 removed from the property tax rolls. Now we have the City Council ready to approve the Butler County Land Reutilization Corporation (Land Bank). This program will be funded by the collection of delinquent property taxes. These funds will be used to purchase, hold or demo property all over the City therefore reducing Property Tax Revenues even further. Then we will also need to hire two new employees to oversee this program. This program simply transfers the obligation of these bad loans onto the citizens of this city. MCSD is now telling us that we need a new High School while the population is in decline and property values are still declining. All of this while the City is getting poised to go into the Real Estate Business big time…and remove even more property taxes from the Middletown School Sysyem. If you think we had budget problems last year...you ain't seen nothing yet.
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acclaro
Prominent MUSA Citizen Joined: Jul 01 2009 Status: Offline Points: 1878 |
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2015 will be the fun year. Obviously, with a two year contract, city planning on raising that tax rate up. The Land Bank and destruction. That's going to raise property values. The only selling point on the high school? Got to build it to get $40 Mm from state. Middletown offers its residents nothing,. but taking every dime they can by fines, extra fees, and spends money without concept of mission or outcome. Sadly, .1 of 1% even care.
Sigh... |
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Jack Black
MUSA Immigrant Joined: Oct 30 2011 Status: Offline Points: 29 |
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Mrs. Moon -
It's frightening to think of the powers bestowed upon Mr. Adkins !! With his wasteful and ineffective track record in community revitalization, we are becoming the Detroit--Youngstown--S. Bronx--Allentown of Ohio !! What a real estate investment guru Judy G's golden boy has become !! His record speaks for itself !!
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VietVet
MUSA Council Joined: May 15 2008 Status: Offline Points: 7008 |
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"Councilwoman Anita Scott Hill said taxes often swing back and forth, and while income tax collection is swinging in a positive direction she feels the property tax collection will soon swing that way."
Well, it looks like Pitman isn't familiar with one of the councilmembers, listing her last name as Hill. Must have been thinking of the lady who was the sexual harassment accuser of Clarence Thomas. (Corrected in a re-issued article in the Journal) We'll call that an innocent mistake, although he could have proofread his article before sending it to print. Wonder how Jones thinks the property tax will "soon swing that way" (increase) when we all know from Auditor Reynolds that Middletown has some of the lowest property values in the county. Don't know how she nor anyone in the city can think that the property will appreciate any time soon, given the reputation as an unattractive city and the lack of appeal it has. I like Rusty Carolus' statement. “The city has a number of revenue streams and when a substantial number of those revenues are cut, we have to find other areas,” said Carolus. “We have to balance our budget.” GOOD ONE RUSTY! YOU MEAN FINDING REVENUES LIKE CONTINUALLY GOING FOR THE FED MONEY BY TRASHING THE CITY WITH YOUR FRIKKIN' SECTION 8? YOU MEAN REVENUES LIKE INCREASING THE CITY INCOME TAX RATE, WATER AND SEWER RATES AND BLEEDING THE RESIDENTS OF THIS CITY DRY WHILE MAKING NO ATTEMPT WHAT SO EVER TO ENTICE JOBS TO THE CITY IN THE LAST 30 YEARS? HOW ABOUT ELIMINATING SOME OF THAT TOP HEAVY, WORTHLESS MANAGEMENT SALARY COSTS AT THE TOP OF THE FOOD CHAIN IN THE CITY BUILDING? THAT'LL GIVE YOU SOME ADDITIONAL REVENUE. YOU CAN START WITH THE CITY MANAGER, ADKINS AND THE DAM LAW DIRECTOR. CAN'T SEE ANY VALUE IN KEEPING THEM AROUND. |
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Vivian Moon
MUSA Council Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
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City Manager’s Weekly Briefing The City of “Plague of Abandoned Houses Requires a Unified Effort to Cure” The future of every big city in Now, for the first time since the housing crisis began to wreak havoc with urban At the center of that galaxy is Rep. Steve LaTourette, the Lake County Republican, member of the House Appropriations Committee and close friend of Boehner. LaTourette said he was sold on the urgent need to address this issue by former Cuyahoga County Treasurer Jim Rokakis. And he has already enlisted support from some of the House's most powerful members. Details of the plan, which would also rely on funding from state government and philanthropy, aren't yet ready for release. But LaTourette hopes to craft a proposal that would "fit nicely" into this year's federal tax bill. While LaTourette is key to any congressional passage of a demolition bill, he has lots of allies. They include most of There is no Plan B. If this idea fails to clear Congress, neighborhoods in Even if Congress acts, funding a demolition program will also require financial assistance from the state. "I'm interested," said Attorney General Mike DeWine. "We would very much like to find a way to be helpful." That's a good start. But it's not enough. During his State of the State speech last March, Gov. John Kasich went out of his way to profess his love for |
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