LETTER: City’s tax math doesn’t add up
To the Editor:
I am one unhappy Sanford citizen. I realized that the city council has not been telling me the truth.
They have been saying that the property taxes are revenue neutral this year, meaning that the revenue they generate from the taxpayers will be the same this year as last because they are keeping the tax rate at 54 cents per $100. The truth is that due to high valuations on commercial property, they are collecting more revenue, not the same. The budget proposal states that a revenue-neutral tax rate would have lowered our taxes by 3 cents! That means I will indeed be paying more in taxes, but that is not all.
I will also be paying 2 cents higher in water and 2 cents higher in sewer rates. And no, that is not all.
I will also be paying more for my trash pickup, even though the new company costs the city less. And now they are asking us to vote for bonds that will raise my taxes even more — about 5 cents per hundred.
I don’t know how the city does its math, but between the 3 cents I didn’t get refunded, the additional money I’m paying for my utilities and the 5 cents for the bonds, I see about a 9 cent increase. I’m voting no for the bonds and I urge you to do the same.