Reply to Initial boundary options for Woodward study area are up

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I pay 18k in property taxes. A larger house, blocks from me but zoned for another school district, pays 10k. Explain to me why I am not paying more to live in a specific school district.[/quote]
Wow, you sound rich if you can afford a house with that much property taxes. Most of us could never afford to own that.
Btw did you know taxes are not user fees? Sorry life isn't always fair.[/quote]

Correct, taxes are not user fees. The additional property taxes on higher valued homes mostly go to support schools in areas where there is a lower tax base to collect from. These high tax homes are disproportionately supporting the broader MCPS budget. Lots of those high tax homes aren't even "using" MCPS. However, when you start messing around with property values, you also decrease the taxable value of the home and erode the tax base. I'm not moving, my kids don't go to MCPS, I'll gladly take the tax break. Based on the maps I'm seeing, the new entrants to the W schools aren't going to see a huge increase in the value of their homes/property taxes. So the net seems like it will be a decrease in property taxes collected. Wonder how that hit to the MCPS budget will play out? [/quote]

They would be fine. Tax revenues are based on a ton of factors. Property values will continue to grow. The problem is that the MCPS budget will continue to grow faster than inflation because rising pension and healthcare costs.[/quote]

definitely we should collect less in taxes to help schools.[/quote]

That's some pretty blatantly self-serving speculation.

Looking at some of these proposed changes I can see several areas where property values will skyrocket.[/quote]

just agreeing with the PP who said it was fine if property values overall decline.[/quote]

The post you were responding to said property values will continue to grow[/quote]

meant the prior one.  but pure speculation whether property values will "continue to grow".  Many reasons to expect they won't and overall would decline.  as I've paid off my mortgage due to smart living I think it would be fine for property values to decline so I pay less taxes.  schools are mismanaged anyway.[/quote]

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