Welcome Guest [Log In] [Register]
Locked Topic
Raise Taxes, don't close schools!; Legacy
Topic Started: Mar 5 2006, 11:53 AM (618 Views)
Capt America
Kindergarten
[ * ]
I'd rather see the city raise property taxes by $1,000 per household value of $100,000. than have them close schools. You can count on them raising the taxes after this Legacy fails to save the city the "proposed 1%."
If we have no say on the legacy initiative, what's next for the citizens?
Offline Profile Goto Top
 
Administrator
Administrator
I wish it were that simple Cap'. ( By the way, you get the prize for most entertaining screen name!) Check out this topic on school financing. Just click on the wording and it will take you there. Welcome to the forum!!!! http://s14.invisionfree.com/Hull_Neighbors...p?showtopic=359
Offline Profile Goto Top
 
maxcoz
Member Avatar
Principal
I moved into my house in 2003 and my taxes went up $1700. NO THANKS!!!!!!!
Offline Profile Goto Top
 
Derek
Principal
maxcoz
Mar 5 2006, 04:48 PM
I moved into my house in 2003 and my taxes went up $1700. NO THANKS!!!!!!!

Your taxes went up that much because Proposal A had artificially kept them down for the previous owner... When you buy a house it reverts back to paying taxes on the actual assessed value instead of the much lower value the previous owner had.

You can blame the real estate industry for not correctly informing buyers of what their taxes WILL be in future years... They always list the artificially low current taxes as their example.

-Derek
Offline Profile Goto Top
 
cmic
Member Avatar
Principal
Derek
Mar 5 2006, 05:10 PM
maxcoz
Mar 5 2006, 04:48 PM
I moved into my house in 2003 and my taxes went up $1700. NO THANKS!!!!!!!

Your taxes went up that much because Proposal A had artificially kept them down for the previous owner... When you buy a house it reverts back to paying taxes on the actual assessed value instead of the much lower value the previous owner had.

You can blame the real estate industry for not correctly informing buyers of what their taxes WILL be in future years... They always list the artificially low current taxes as their example.

-Derek

Yeah, that happened to us too! We bought my mother-in-laws house and her taxes were really low. Then they skyrocketed with us! ;)
Offline Profile Goto Top
 
NFarquharson
Member Avatar
Principal
Before Proposal A, your assessed value could be pretty much anything. There were no controls at all. I lived in Redford for a while before moving into Livonia and the first tax bill I got after moving into my condo in Redford showed an assessed value that was 44% higher than what I actually bought the place for! I protested appropriately to the township assessor, who was unwilling to make any change, even though I could clearly prove the price I had paid AND I had evidence that the assessment was for more than any condo had ever sold for in the entire township! I ended up appealing to the state tax tribunal, where I ultimately won. They had to pay me back the over-payment of taxes plus interest, but the ordeal took almost 2 years. Many of my neighbors followed my lead the next year.

I am no fan of Prop A and am in the minority that voted against it, but the one thing about it that makes perfect sense is that when a home is sold, the assessment has to be changed to the sales price of the property.
Offline Profile Goto Top
 
Hippo
Principal
One thing that we need to remember when discussing proposal A is that we CHANGED the Michigan Constitution when we passed Prop A. Even if the Legislature wants to, they can not lower the sales tax back to 4%. We agreed to raise it 50% from 4 to 6% in exchange for lower property tax. It can only be changed by a vote of the people.

I feel this was a plan to get us into the spot we are in now. We are used to paying 6% sales tax, and now they will get us to agree to higher property taxes to fund our schools. The gov't just gets bigger, and we continue to pay.

I know this is totally off topic, but the gov't makes promises that it can not keep, and then asks us for more when it can't live up to it's promises. By passing control of funding of the schools to the state, and taking the local control out of the picture, we all gave up a little bit of our community. We are now forced to deal with what the state feels is good for us, not what we know is good for us.
Offline Profile Goto Top
 
fyi
Principal
I couldn't afford my house anymore if taxes were raised $1000 per year for
every $100,000 of value. :blink:
Offline Profile Goto Top
 
ForMySons
Principal
fyi
Mar 5 2006, 08:39 PM
I couldn't afford my house anymore if taxes were raised $1000 per year for
every $100,000 of value. :blink:

I just spoke to my Mom in Virginia. She is really concerned that her taxes will be really high this year as her place is worth over $50,000 more than last year.
Offline Profile Goto Top
 
cmic
Member Avatar
Principal
Well, I am hoping that our taxes will go down. The prices have dropped so they should re-assess don't you think?
Offline Profile Goto Top
 
Cindi
Member Avatar
Principal
cmic
Mar 5 2006, 08:58 PM
Well, I am hoping that our taxes will go down. The prices have dropped so they should re-assess don't you think?

I just received a new assessment and it went up $1800.00, my father lives down the street (1 mile) and his went up $4200.00 and his house is not even a brick house! I have talked to some people who's assement was flat lined, no increase, no decrease. How does the city make these assessments? Isn't the rule of thumb you take the assessed number and double it and that is what your house should be worth? I think mine is high and I know my fathers is REALLY high.
Offline Profile Goto Top
 
NFarquharson
Member Avatar
Principal
Mine went up $2,440. The SEV x 2 should be appropimately the market value of your house.
Offline Profile Goto Top
 
gr1
Principal
There is an appeal process if you think you're home is assessed too high.

I've never done it nor do I know how effective it is, but if you don't think you could sell your house for double the SEV, I'd give it a try!

Offline Profile Goto Top
 
NFarquharson
Member Avatar
Principal
I agree with gr1. As you can see from my post above, I have appealed and won in the past. If you want any help, pm me.
Offline Profile Goto Top
 
Grant
Member Avatar
Principal
Just bought my house last Sept.........according to the SEV I got the deal of the century....Hence, I'll will be at the city tuesday to protest the SEV/Taxable value......Let the fun begin...
Offline Profile Goto Top
 
Go to Next Page
« Previous Topic · Livonia Neighbors Archive · Next Topic »
Locked Topic