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Monday, November 25, 2024 |
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City Tax Abatement Deals -- Who Cares??? |
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Analytical
MUSA Citizen Joined: Nov 19 2015 Location: United States Status: Offline Points: 562 |
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Posted: Oct 30 2017 at 4:57pm |
WHO CARES??? Don't Middletown taxpayers deserve to know the full public cost of "downtown" tax abatements, city-owned building and/or land give-aways, direct financial "gifts" prior to (and during) the start of actual proejct re-development construction, project completion deadlines, city recourse for re-developer delinquent payment of Butler County property taxes, etc., etc.? Provided hereafter are four geographically diverse broadcast and print media thought-provoking links on this oft-discussed topic: Middletown and "Downtown" Tax Abatement Deals Informative Links -- What's Your Take On This Topic? Cincinnati, Ohio -- WCPO TV -- Updated October 8, 2017 Over The Rhine Downtown Developers Cash-In On City's Property Tax Deals http://www.wcpo.com/news/insider/otr-downtown-developers-cash-in-on-citys-property-tax-deals Springfield, Missouri -- News-Leader -- 10/3/2015 Tax Incentives Play Part in Building Boom Cost http://www.news-leader.com/story/news/watchdog/2015/10/03/tax-incentives-play-part-building-boom-cost/73280402/ Indiana Economic Digest -- October 28, 2017 City of Evansville, Indiana To Review Tax Abatement Deals http://www.indianaeconomicdigest.net/main.asp?SectionID=31&subsectionID=299&articleID=42273 GOVERNING: The States and Localities -- March 13, 2017 When It Comes to Tax Incentives, How Transparent Is Your City? http://www.governing.com/topics/finance/gov-economic-development-incentives-good-jobs-first.html |
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Analytical
MUSA Citizen Joined: Nov 19 2015 Location: United States Status: Offline Points: 562 |
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Middletown and "Downtown" Tax Abatement Deals Three More Informative Ohio Links -- Who Cares??? Columbus Dispatch -- Updated December 5, 2015 Property-tax breaks for developers shift burden to other taxpayers https://search.aol.com/aol/search?s_it=webmail-searchbox&q=property-tax%20breaks%20for%20developers%20shift%20burden%20to%20other%20taxpayers WCMH TV - Columbus -- Updated June 22, 2017 You Paid For it: Are Columbus tax abatements a burden on taxpayers? http://nbc4i.com/2017/06/22/you-paid-for-it-are-columbus-tax-abatements-a-burden-on-taxpayers/ Dayton Daily News -- August 28, 2015 Downtown Dayton: 80 Percent of Property Tax is Exempt from Taxes http://www.mydaytondailynews.com/news/local/downtown-dayton-percent-property-exempt-from-taxes/3f6F56vSsCN4e6HtrmZmNJ/ |
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spiderjohn
Prominent MUSA Citizen Joined: Jul 01 2007 Location: United States Status: Offline Points: 2749 |
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Irony being that most businesses on the receiving end are as capable or better to pay the tax than are those citizens and other like businesses who catch the extra burden
does anyone monitor pre-conditions and compliance? |
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Analytical
MUSA Citizen Joined: Nov 19 2015 Location: United States Status: Offline Points: 562 |
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SpiderJohn, I agree/empathize with you plus other business owners outside of "downtown"! As for prospective re-developer "vetting" procedures/standards, contents of property conveyance documents/re-developer covenants, compliance monitoring, etc., I have no knowledge of how things are done here. May I suggest that you speak with Vivian Moon as she's obtained some relevant city economic development-related documents of note.
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Analytical
MUSA Citizen Joined: Nov 19 2015 Location: United States Status: Offline Points: 562 |
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SWOhio75 -
Do you have any comments to offer about the several stalled or incomplete city-subsidized "downtown" community revitalization deals?
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FmrMide81
MUSA Resident Joined: Aug 26 2012 Status: Offline Points: 188 |
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Probably can't hear you over all the axes you're grinding...
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Analytical
MUSA Citizen Joined: Nov 19 2015 Location: United States Status: Offline Points: 562 |
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Former Middie 81 -
My suggestion for you is to try concentrating on how your tax dollars have been/are being spent and determining the value/benefit of the outcomes such as these "downtown" deals. If you're satisfied or pleased with the direction the city is headed, then there's nothing much else for you to think about.
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FmrMide81
MUSA Resident Joined: Aug 26 2012 Status: Offline Points: 188 |
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You're spittin' in the wind-do the math. There's about 1700 members on this site. Roughly 100 post on a semi-regular basis. Maybe 10% of that show up to any event concerning city matters. NOBODY CARES ABOUT ANY OF THE CRAP YOU KEEP WHINING ABOUT!!!!!! If they did, things would change. Why can't you get it through your head that the majority are obviously satisfied that the buses are running and the trash is picked up. All the facts and figures in the world won't make people care. I guess if you get your jollies trying to get back at your former employees then all this pseudo-intellectual nonsense serves a purpose-otherwise it's just a waste of keystrokes...
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