Thursday, August 19, 2010

Taxes

LISD approves more raises

By Nick Georgiou
Laredo Morning Times
Published: Thursday, August 19, 2010 2:37 AM CDT
Going against administration’s recommendation, LISD will dip into its fund balance to provide pay raises to employees and increase the district’s contribution to their health insurance premiums, trustees decided late Wednesday.

The LMT story goes on to say that the board approved the budget for the upcoming school year.  But it's this part that I found interesting:
But because of increases in the average market value and taxable value of residences, a property’s yearly tax bill will increase an average of $16.65.
Elected officials can always rely on increased property values to fatten their operating budgets somewhat.  And at the same time they can go to the public and state that they haven't raised taxes.  Meanwhile they collect more money from us.

That's fine and dandy; I don't mind paying taxes.  What I do mind is for a politician to stand there and tell me that he or she is doing me a favor, when in fact, they aren't.

UPDATE:  ACT scores down, but.......

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