Blakely seeks answers to electricity problem
“We have to consider what the options are and if there any other ramifications if we were change suppliers”
Join the discussion below, or Read more at The Times-Tribune.
#1 Sep 1, 2007
"The borough buys electricity wholesale from American Municipal Power-Ohio and sells it to its residents at a profit instead of collecting property taxes."
When I itemize for my Federal Income Tax return, I can itemize my local property tax, but not my electric bill.
Blakely Borough is not doing anyone a favor by using the electric bill as a backdoor local tax. The portion of the electric bill that is actually tax would be able to be itemized if it were part of the local property tax.
This scheme in Blakely appears to be no property tax, but this actually increases the residents' Federal Tax burden.
If a resident pay an extra $500 a year for electricity and is in the 15% Federal Income Tax Bracket, and can itemize on their Federal Return; if the $500 were in the form of an actual property tax, there would be a $75 savings on their Federal Tax.
#2 Mar 15, 2010
i think it is terrible what they charge for electicity we are not home that much and our bill is outragios something should be done blakely is a nice little community but come on people have to survive
#3 Mar 15, 2010
i thin it is terrible what they charge for electri we are not home that much turn everything off and it is still outragious blakely is a nice little commuity but it is getting harder to live here thanks for letting us post this i hope something is done before we have to move
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