Thursday, September 3, 2009

New budget cuts won't keep Cape Coral tax rate from rising

In Cape Coral, the tax rate is going to rise to about 72 percent. The city council said that have decided not to spend money on new police cars, Cape Coral programs and a fire engine because it estimates to well over $70,000. They have made an effort to not spend the money so the tax rate won't have to rise, but it's just not enough.

For home owners, their property value dropped 30%, only to raise a little and their tax rates increasing.

The city's $3 million reserve is being asked to be dipped into instead of the raise in taxes. The problem with this is the reserve will drop down to below 30% if taken out. So in an upcoming meeting, all issues will be discussed.

http://www.news_press.com/article/20090903/NEWS0101/90902090/1003/ACC

If the city would have limited the amount of spending from the beginning, the city probably wouldn't be raising taxes on everything right now. Was is necessary to build a 2 story police department here in the Cape? What was wrong with the police station that we have now? Money is being spent in places that aren't an issue. The money should be spent it in other places like making sure the kids don't have to walk over 2 miles to get to their bus stop. It is not safe to have a child go that far from home to get to their bus. The money should be spent in better ways, if not at all.

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