Remohes....dont you love it how are government always diggs its nails in a little deeper in the tough times.....ex: Great depression "The New Deal" 911 " Homeland security act" Now its the housing market crash! Can't they let nature just take its course....either it be economicaly, socialy or physicaly.....you can only delay the inevidible you can't fix nor deny it...only one can do that.
I have seen a lot of stories in the media about the various things local governments can do or should do with the gas lease and royalty money. One option I have not seen is a proposal to LOWER property and sales taxes. DeSoto Parish's Police Jury doubled their budget in a single lease auction earlier this summer.
Instead of the possibilty of lowering taxes, we are worried about our taxes increasing.
He's leading in the polls, so all I can say is if you don't want him and his higher taxes (I don't) then we need to get out and spread the word. You know if windfall taxes are imposed on the O&G; we the consumers are going to bear the burden.
Most important of all, make sure you show up at the polls on election day.
Funny you should ask..........I live in Bossier Parish and about 2 weeks ago I received a notice from the Bossier Parish tax assessor's office. And you can guess what was about.....letting me know the property tax on my house was going up...and get this....it is going to be 3 times as much as it was last year ! I called their office and when asked if this had anything to do with the shale they said NO. I guess it was just a coincidence that it tripled this year when the shale was discovered. LOL
My mother's tax is going from nothing to about 250.00. I do not think the value of our houses have tripled in a few years. Both our homes are almost 30 years old ! LOL
The state mandates a reassessment every four years, sometimes more often as in the case with Webster Parish because of some irregularities in the previous Tax Assessor's administration. 2008 is a state mandated reassessment year so everyone's taxes should go up unless property values in that parish have decreased. Also, if any new tax elections passed, like schools, roads, etc.
What has happened in the past in Webster is--in large subdivisions as houses sold for more and more each year, the new home owners were paying property tax based on the value of their property at sale while long time home owners right next door were still paying on the value of their homes when bought 30 years ago. When irregularities were uncovered, the state instructed Webster to do a total reassessment outside the normal reassessment year. Because they could not complete it within one year, then the next year also became a "reassessment year". Every "reassessment year" initiates another law that requires all taxing bodies to collect their maximum millage at least once after reassessment or they lose their ability to collect that millage for the remainder of their tax period (which is generally 10 years for most public services).
Increases in reassessed value is generally a good thing. It means your property will probably sell for more. I don't know anyone who would sell their property for what they paid for it 30 years ago. If you are willing to take the increase in property value at sale or to the bank for a home equity loan, then you have to be willing to pay an increase in tax.
That's comparing apples to oranges.
Homes are priced a lot higher out on the left coast aren't they?
Besides, it must not bother those folks out there because they keep electing officials who have no problem raising taxes.
Not sure when the property valuation date is in LA, but I had assumed they would have increased this year's values since the prices of land started going up in the late winter and early spring.
I am not complaining though, I will pay the $223 and hope it stays low for next year and the years to come.
Of course the LA land has no structure so it is agric, timber assessment only, the other properties have residences on them and the whole tax structure is higher in CA, WA and OR.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More