Property Taxes Getting Harder To Pay For Seniors On Fixed Income



This letter is a rebuttal to Carpenter's comment that property taxes are going down.

With all due respect to Mr. Carpenter, you missed the point. The impact on seniors on fixed income is growing.

While I will concede to your point regarding the dropping of the property tax rate, let's look at the implications:

1) The rate per $100 is based on the assessed value. Based on your figures, if ten years ago the assessed value was $60,000, then the property tax would be .5744 x $600 = $344.64. Ten years later, if the assessed value is $180,000 (not out of the ordinary, as my assessed value increased 49 percent in one year), then the property tax would be $1,800 x .3444=$619.92 -- an 80 percent increase.

2) With respect to Bonds: Again, I concede to you with respect to the .12 sales tax levy. However, if you flip over the "little blue card" Residential Notice of Value, you will see in the fine print that "the assessed value derived from the full cash value is the basis for computing secondary taxes for bonds, budget overrides, etc."

3) Of note is that over the past three years my Limited Value has increased 14.3 percent, while my Full Cash Value has increased 52 percent. The basis for future bond issues, unless levied by a sales tax increase, will impact seniors on a fixed income.

Last time I checked, my property taxes have not gone down. While prior bond issues were approved by the voters, perhaps they may want to take a closer look to future bond issues as to who and how they will be paid. As seniors, we will want to be sure.

John G. Wakelin, Payson

Editor's note: Fred Carpenter responded with this brief comment, "I know where the letter writer is coming from, but the facts remain that the Town of Payson's levy is less than 3 percent of the total levy by all jurisdictions in Payson and the Town Council of Payson does not set the tax rates, as the writer seems to believe."

Commenting has been disabled for this item.