Friday, February 23, 2018

When Less is Really More

Judge Pape's recent mailing highlights in red this very worst misleading statement: “Through Pape’s leadership, The County tax rate has been lowered 4 out of the last 5 years.”

Here is the rest of the story:
He had to lower the rate! 
He had no choice

The tax rate went down because the appraised property values went up!  In fact, they went so high that the rate had to go down so as not to trigger “roll back,” which would have mandated a drastic tax reduction.

If the tax rate had not been lowered, the 8% “greed” ceiling would have been broken, thus triggering a roll back petition for a vote by you, the citizens of Bastrop County.

Did your property taxes go down as the rate went down?  

FACT: A lower tax rate is no benefit to the property taxpayers if appraised values climb at a higher rate, resulting in much higher property tax bills.