Reply to MoCo Question B would be a disaster

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is there a good reason for me to vote *for* question A? I'm inclined to vote NO for both A and B. I don't see why it should require a unanimous vote. That's just going to cause the council to reject anything that might lead to more moderates on the council.[/quote]

The status quo is that increasing property tax revenue requires a unanimous vote.  Question A would change what can be increased from revenue to the rate.  Limiting revenue growth to inflation doesn't make sense to me - I want better public services and I want public employees to be able to afford to live here when property values go up.[/quote]

PP here.

What?  I didn't realize that.  There's a revenue cap now?  How does that even work with assessments changing?  Is the cap on a county-wide basis, or for a particular home?

Either way, that makes no sense.  I'll definitely vote for A then.[/quote]

Countywide.  Every year, County staff calculate the rate that will comply with the cap, known as the "Charter Limit" - based on the total assessed value and inflation.  New construction does not count under the cap, so that does allow for some extra revenue.  But overall increases in property values do not. [/quote]

Here's the text from Section 305 of the County Charter: "By June 30 each year, the Council shall make tax levies deemed necessary to finance the budgets. Unless approved by an affirmative vote of all current Councilmembers, the Council shall not levy an ad valorem tax on real property to finance the budgets that will produce total revenue that exceeds the total revenue produced by the tax on real property in the preceding fiscal year plus a percentage of the previous year’s real property tax revenues that equals any increase in the Consumer Price Index as computed under this section. This limit does not apply to revenue from: (1) newly constructed property, (2) newly rezoned property, (3) property that, because of a change in state law, is assessed differently than it was assessed in the previous tax year, (4) property that has undergone a change in use, and (5) any development district tax used to fund capital improvement projects. (Election of 11-7-78; election of 11-6-84; election of 11-6-90; election of 11-3-92; election of 11-8-94; election of 11-3-98; election of 11-4-08; election of 11-6-18.)"[/quote]

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