Screw the People - Raise the Taxes
Daily News:
Based on calculations of the originally proposed $3.85 billion bond, the bond would raise the current property tax bill of a home with an assessed value of $500,000 from about $425 to about $710 in 2009, about the average annual premium for homeowners insurance.
District voters have already approved three construction bonds since 1997 totaling $9.6 billion: $3.87 billion in 2004, $3.35 billion in 2002 and $2.4 billion in 1997.
The school portion of the property tax in Los Angeles is greater than in any other California city, said Jon Coupal, president of the Howard Jarvis Taxpayer Association.
"The cumulative total of this tax liability I would characterize as oppressive," he said.
Romer said an aggressive advertising campaign for the bond measure would begin immediately. For each of the past bond efforts, district officials said, campaign organizers raised and spent about $2 million to persuade voters to accept the higher taxes in exchange for new schools. To pass, bond measures require 55% voter approval. The latest proposal would increase taxes an average of $26.71 per $100,000 of assessed property value. The previous three school construction bond issues have together raised taxes about $85 for every $100,000 of assessed property value. Although board members agreed on the need to win approval for a fourth bond measure, some had repeatedly expressed concerns about the timing and questioned why the district needed a fourth infusion of cash so quickly.
"I think we're going to have a very difficult fight passing this bond," Lansing said. "I just don't think that the voters of L.A. are going to pass (both) at the same time."
This year, Los Angeles property owners will pay $85.12 per $100,000 of assessed valuation annually to finance the district's first three bonds. Taxes will top out in 2012 at $140.23 per $100,000 of assessed value, according to district figures.
If it's passed on Nov. 8, Romer's staff said a new bond would likely add an average of $26.71 per $100,000 each year over the course of the 25-year bonds.
14 Comments:
Anonymous said:
LAUSD wants more of our taxpayer money to mismanagement under Little Jose. NO WAY JOSE. They have spent millions of our money on themselves.
Anonymous said:
"WHHAAAAAAA!
Mommy, JOse is trying to steal my seat and I want to tell you what he did that is really bad!"
"Shut up Nicky and stop being a tattletale."
Anonymous said:
I agree. Given the high price of homes and thus property taxes, how can this Board attempt to tax us further when they can't even show that they have spent the previous bond money efficieintly.
I won't forget your vote, Jose, Marlene, David and so on.
Anonymous said:
At the same time as the City Council is trying to come up with an "Inclusionary Zoning" ("Affordable Housing") requirement for new developments in Lost Angeles the LAUSD is condeming hundreds of affordable houses in Wilmington for a new high school.
It would be ironic if voters for the previous bond measures end up with "fair market value" for their houses, which is not replacement value for their homes. Steve Lee
Anonymous said:
What's really interesting is that AV hasn't mentioned not one word of this.
Anonymous said:
Yup, No way Josesito Huecito.
Anonymous said:
Antonio is cleaning his mind and hands and staying away, he spoke too soon for votes in the election.
Anonymous said:
AV is with Huizar 100% (
Anonymous said:
I can undestand AV not supporting Nick, but there is absolutely no reason to support Jose. Can't we find another candidate.
Anonymous said:
Another way Jose wants to make up for the mess he help to vreate abd fuel.
Tax and spend liberals are not needed here, especially when it is the future of our kids.
Tax the poor and spend it on the rich school construction companies.
That is a plan Jose Huizar. But not one that will get you elected Councilmember.
Anonymous said:
Little Sleazy Huizy needs AV's support. Without it he wouldn't have a chance in hell. What is going to be Parke's strategy? Jose won't be able to hide all the bullshit LAUSD is into knee deep. What has Jose done about any of it? NOTHING and that already has constituents pissed off. He can only say he has built schools. Big F--king Deal.
Anonymous said:
Another tax increase about to rammed down our throats. What a sad joke. And the accountability- challenged school board can't wait to push the parcel tax as well. Maybe citizens would be more supportive if these "leaders" would at least acknowledge a big part of the problem. Check out the interesting article in today's LA Times (pg. B3) about crowded schools and LAUSD.
Anonymous said:
Calling Mayor Villaraigosa.
Calling Mayor Villaraigosa.
(Crickets chirping)
Anonymous said:
Still Calling Mayor Villaraigosa.
Still Calling Mayor Villaraigosa.
(More Crickets chirping)
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