The Walton County Board has approved an increase in property taxes according to an article in the Walton Tribune. This comes on the heels of an increase in the valuation of all properties in the county where most home owners sustained an increase to their yearly tax bill as the board decided that all properties were undervalued and are now worth 30-50% more than they were last year. Maybe the funds are needed to cover the “NEW” $52,000,000 county budget and/or the $117,000,000.00 education budget that was recently approved.
The biggest issue with this is that the elected officials will say that they “need more money” for services provided by the county all the while our firemen deputies and teachers are not being paid what they are worth and do not have the proper equipment or supplies to succeed even when the county approves such a substantial increase in tax revenue.
Take this to thought and do the math:
Lets just say for example: There is a 40 acre tract of land that is zoned agricultural. That piece of land provides about $2000.00 in tax revenue for the county. So here along comes “Mr. Developer” to the county and he wants to develop that land into a neighborhood with 100 homes in it with a starting price of $285,000 each. Of course the commissioners say “HECK YES” to “Mr. Developer”. That means that there will now be 100 homes with a property+school tax of around $3100.00 per unit. That calculates to $310,000.00 in TAX revenue to the county on a property that was only coughing up $2000.00 in the past.
Then multiply that by 10/20/30 (how many neighborhoods can we build)? That is a CHUNK of CA$H!
WHERE DOES THAT MONEY GO?????????
Of course the EXTRA monies that are now collected by the county for that one area of land are swept under the rug somehow and they try to convince the citizens that they are operating on the same capital as always.
Then, there will be additional taxes asked for:
Then in about 2 years, when there are 15,000 additional cars on the roadways and the infrastructure is breaking down due to the "growth", the ‘left turn losers’ will be screaming for “RED LIGHTS” at every intersection. The county will come to the citizens and do a “Sales Pitch” for a SPLOST to fund their lack of money management. Which, somehow will get passed because people are not paying attention to how bad the government manages money.
It would be great to have a monopoly that you could just FORCE your customers to pay such ridiculous rates while the services are sub par..