Entries in real estate (3)
Bottom line on taxes: Accountability.
Continuation from previous post Oakland Taxes - Readers Comments.
08.7.2007 |
Craig
I want a pie graph that shows where it all goes (similar to the one that shows how the Federal budget is mostly Pentagon pork).
Wonder what Oak-town’s graph would look like?
Do you have a better idea for a forum? Seems to me we could really elevate this to a level of practicality and get some things done.
08.9.2007 |
Robert
yeah, I’m no expert by any stretch, but Oakland’s property taxes are just so much higher than any other city in the bay area (except for I think San Ramon).
the state takes 1% off the bat. everything else is city and Oakland takes .45%! that’s NUTS! most cities are about .1-.2%. think this is splitting hairs?
well, that’s about a $2,500/year difference on an $850,000 house! guess what it costs in property taxes for an $850,000? $12,325/year! and the county can raise the price of the house a maximum of 2% a year. so what was $850,000 initially, becomes $867,000 the next year and so forth.
and what do we get in return (monetarily)? a WHOLE $7,000 in home owner’s exemptions. gee thanks!
for that kind of scratch, i want incredible schools, beautiful tree lined streets and a HECK OF A LOT less crime and murders!
if Dellums’ office can’t account for where the money for all these assessments and measures is going, GET THEM OFF OUR TAX BILL!
see ya,
Robby
at this point, i think the best idea is to figure out what exactly each one of these assessments do and are they actually getting done? or is the city just pocketing the cash?
it takes 5,000 signatures to get each measure back on the ballot, where it may or may not get voted back in. if we do nothing, each assessments stays indefinitely.
email me at centaurus3200 at yahoo.com
see ya,
Robby
oakland taxes - readers comments
Continuation from Are Oakland’s Taxes Too High?
Reader Comments (5)
07.11.2007 |
Frank (frank.lynn@sbcglobal.net)
Liberal non-leaders in leadership positions are usually the root causes of problems. They like to spend, spend, spend—with no solutions to the real problems plauging a city. Then they spend time talking about federal issues they cannot impact like the Iraq war…
Prop 13 is another problem—the squeeze is on us new homeowners; because everyone else has lower rates grandfathered in.
07.12.2007 |
Robert
yeah, I’m a neophyte when it comes to understanding more than the basics of prop 13. but, i agree. i think prop 13 is valid, but only for people who need it. such as Larry Ellison does NOT need prop. 13. the 80 year old woman down the street from with living in a house in shambles, DOES need prop 13.
in exchange for this provision, I’d want new homeowners to pay .5% OR at the very least, freeze the number so it doesn’t rise 2% every year.
i don’t know, what do you more educated folks suggest?
you can’t screw with it too much or you’ll collapse the California housing market. and you know what people do when their house value crumbles, right? they throw the keys back to the bank and tell them to go STICK IT!
this creates a domino effect and it would just be very, very ugly. the housing crash in the early 90’s in los angeles would be NOTHING compared to this one.
Robby
07.23.2007 |
Dimonder
Yeah….
it is prop 13…..folks who have owned their home for the past 25 years are payin $600 a year in taxes…you should go after them… and they are all going to vote to keep it the way it is. Why not think about the whole thing differently…instead of sending our income taxes to DC to pay for wars etc. Why not send at least 1/2 of it to our local government so we can get real services - like schools that work and healthcare for all.
ALSO commercial property owners are also in the prop 13 exemptions…so go after them too.
07.23.2007 |
Dimonder
PHPBB is a terrible piece of software for ‘regular’ folks to use. Please do not think it will help get things done. It creates vacuous forums.
07.24.2007 |
Robert
thanks,
Robby
07.26.2007 |
Robert
again, I’m merely like you folks that are feeling the burdon of property taxes. yeah, we knew what we were getting into when we bought our place, but maybe didn’t fully take into the consideration the fact that we’ll be paying this ever escalating amount forever. and property owners are largely responsible for funding local services (and of course sales tax).
and given the recent hike in violence and the marginal schools, what have those THOUSANDS OF DOLLARS in assessments gotten any of us? where are the extra cops we voted to pay for (well everyone voted, but property owner solely paid for them).
we still love the area, but walking back down MacArthur two nights ago, I’m getting sick of seeing drunken morons loitering on the streets. not many, but they are there. and on a weekday.
maybe we should start a discussion and go through EACH OAKLAND ASSESSMENT on our property tax bill and discuss if it’s A. useful and B. is actually happening. meaning is Oakland just taking the cash and doing nothing to support the assessment?
I’ll look at my bill tonight and post each assessment. then, we can discuss if it’s useful and worth it. sound good?
those assessments stay on your bill FOREVER unless you can get 5,000 signatures to get the measure back on the ballot. where it may or may not get voted back in.
worth a shot though?
Robby
Are Oakland's property taxes a rip-off?
Public Bulletin Submission
06.18.2007 |
Robert
great website!
I’ve been wanting to ask a group of dimond/glenview locals these following questions for some time. this post is not meant to become a flame war, just looking for some insight:
1. do you rent or own in Oakland?
2. do you think that renters should be allowed to vote on measures that ONLY financially impact property owners? meaning through property taxes. for example, when my wife and i rented, we usually voted on improvement measures because they didn’t cost us anything (landlords and homeowners paid for it through property taxes).
3. do you feel, as property owners, that you are getting a good return on your investment? meaning, do you think your property tax dollars are being well spent in Oakland? would you like an open book assessment of “where the money is going?”
