Lake tax rolls crash harder than expe...

Lake tax rolls crash harder than expected

There are 9 comments on the Orlando Sentinel story from Jun 6, 2009, titled Lake tax rolls crash harder than expected. In it, Orlando Sentinel reports that:

Taxable property values throughout Lake County plunged 8 percent over the past year, an unprecedented drop that will force local governments to increase taxes or cut services even deeper.

Join the discussion below, or Read more at Orlando Sentinel.

Follow The Money

United States

#1 Jun 7, 2009
Did anyone happen to check out the deliquent taxes advertised in the North Lake Outpost a couple of weeks back? It would have been cheaper and easier just to advertise the few people who were able to pay their taxes than the masses who couldn't or didn't for one reason or another. It is not looking good for that 95 million Judicial Tabernacle Jennifer's friends want is it? In fact its not looking good for anything. Somebody better come alive and take crisis intervention 101 and fast or this organization is going to fall like Rome. Once the spiral starts, just like our national crisis, no one can stop it, What to do now? Any suggestions?
6 for 2

United States

#2 Jun 7, 2009
Follow The Money wrote:
Did anyone happen to check out the deliquent taxes advertised in the North Lake Outpost a couple of weeks back? It would have been cheaper and easier just to advertise the few people who were able to pay their taxes than the masses who couldn't or didn't for one reason or another. It is not looking good for that 95 million Judicial Tabernacle Jennifer's friends want is it? In fact its not looking good for anything. Somebody better come alive and take crisis intervention 101 and fast or this organization is going to fall like Rome. Once the spiral starts, just like our national crisis, no one can stop it, What to do now? Any suggestions?
Yes here is one. Google Bob Chapman "The International Forcaster" and follow his financial instructions. Good luck!
Hawk

Cape Coral, FL

#3 Jun 7, 2009
Joe Van Zile in Clermont should be fired. He is useless garbage!!!!
Rick Ryals

United States

#4 Jun 7, 2009
"""harder than expected""" "greater than expected loses" "unexpected losses"... what... are you really that STOOOOOPID?!?!

The newest lie of politicians and bankers across the nation and the world.

And if you don't cut services, then you will further reduce your revenue as desperate municipals drive their constituents further into poverty trying to save a fantasy world built on false credit that never existed in the first place.

You morons just don't get it. Reality is the tax base that you had 15 years ago, now learn to live with it, or we will get rid of you.
Wanderer

Grand Island, FL

#5 Jun 7, 2009
Florida governments have been doing things backwards. Instead of deciding how much to spend, and then setting out to "find/raise" the money, they should do what ordinary citizens have been doing since budgets were invented: They should look at the available income, sensibly list the priorities, and apportion what is available. Sensible priorities include schools, police and file protection, roads and bridges, and basic social services. They do NOT include staffing (staff must do what it can with available resources) or salaries for what are, for the most part, volunteer services in almost every other part of the country, including, but not limited to, school committees, governing boards (city, county and state), and various commissions such as the water authority and the parks commission. And we stop arguing about an industry (developers) which has repeatedly proven itsel financially and morally corrupt and bankrupt. Citizens in a republic commit themselves to helping each other to the extent they can, and take the fiscally and morally reponsable course of action, no matter what the consequences of those reasonable decisions might be.
Follow The Money

United States

#6 Jun 7, 2009
Alabama County Set to Halt Services, Shut Buildings (Update1) Birmingham, Al Jefferson County
June 5 (Bloomberg)-- Alabamaís most populous county is preparing to stop road maintenance, close courthouses and shutter services for the elderly after a court struck down taxes that pay for about 35 percent of its budget.
Jefferson County, which includes Birmingham, released a plan to cut $52 million from its budget as it appeals the ruling against its business and occupational taxes to the Alabama Supreme Court. Without that revenue, the county has said it is at risk of running out of money as soon as this month. The loss of the tax money was another blow to a county that has been struggling to avoid bankruptcy since last year, when Wall Streetís financial crisis caused its interest bills to soar on more than $3 billion of bonds. The challenged taxes provided about $75 million in the fiscal year ended Sept. 30 to the county, which is forced to balance its budget under state law.ďIím not expecting that this is going to go easy into the night, but Iím abiding by the law,Ē county Commission President Bettye Fine Collins, a Republican, told reporters in Birmingham.ďPeople who thought this was some kind of game are finding out this reality.Ē
The proposed cuts, outlined in a series of proposed resolutions released today by Collins, would slash deeply into the governmentís services and include closing a nursing home for the indigent, declaring a moratorium on enforcing zoning and littering laws, and scrapping local development contracts. They would also bring a halt to the enforcement of building codes, close the countyís laundry, and shut down the agency that assists senior citizens.
Canít Use Funds
The proposals come a day after Alabama circuit court judge David Rains ruled that the county canít spend the disputed job tax money while it waits for an appeal. They will need to be voted upon by the Jefferson County Commission, a five-person body that has been divided over how to resolve unrelated financial problems brought on by the more than $3 billion debt of its sewer system, which is in default.
The county for more than a year has been unable to make the full payments on those bonds. The interest bill jumped by some $107 million from early 2008 through March of this year, after the bond insurers backing the floating-rate debt lost their AAA credit ratings, according to the countyís estimate. When investors sold the securities, the interest rates jumped as high as 10 percent. County officials have said they canít raise sewer rates high enough to pay for the bonds without placing an undue strain on the poor. In Birmingham, a city of 230,000, 27 percent of the population lives below the poverty line, more than double the national rate, according to the U.S. Census Bureau.

Very Popular

“No Swine Here”

Since: May 09

Deluxe Motel Mecca

#7 Jun 7, 2009
The crooks are setting the table for the huge enema they will be giving us next year is what this scam is about.

I bet somebody around here can figure out what increase percentage wise in revenue these parasites are raking in more than they did in say 2002.

I bet it's over 150% more.

Don't fall for the laying off sheet, they are hiring more hacks than ever.

The head re-development hack who had her job made up for her, just got one of her long time friends a lifetime appointment as her assistant.

These people are not capable of doing the right thing, or at least telling the truth about their scemes.

The lying and stealing is in their genes.

If Eustis is so short why are they spending eight million to buy a property that they are leasing for $1 a year?

If Crazy Minneols is so broke, why do they have a useless fire department that would rather leave a heart attack victim lay on the ground rather than help her out because this one does not want that one to boss him around

if you need the fire department and you live in that rathole, you better hope they ain't closed for a couple days when you need them..

This could go on for hours or days...the bottom line is that the same handful of sheet that our elected and appointed public servants now give us will soon be costing a lot more.
Rick Ryals

United States

#8 Jun 8, 2009
Lies of the times, and they follow no ideological lines. I need to start a collection of these and overly optimistic hype like... "this could mean that we have reached the bottom, and "recovery" is on the way"... hype, embelishments, lies, and more lies... and more lies... more lies... more...

http://www.voanews.com/english/2009-06-07-voa...

""US Unemployment Rate Gallops Ahead of Expectations""

""The White House says America's employment picture is worse than the Obama administration had anticipated...""
Foggy

Leesburg, FL

#9 Mar 14, 2010
The taxes were so high in Lake Co. I moved to another state to get a break..........5 ac. 3/2 Brick home finished basement, barn, pond, mobile rental........$237.00 yr. property tax do you see a problem in Lake Co.......No homestead for a break like Fl. 10% sales tax no fire,school,wipe my butt tax great area in the mountains.....Why would you live in Lk. Co.? Heck if you don't have the money all at once they take payments........If you are disabled $100.00 off the top......Greed the bottom line...

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