Thursday, May 26, 2016

"Most of the $106 million in the proposed bond package is slated for east Greensboro"

"...The second largest category of bonds is $34 million for affordable housing.  Much of it is to repair both owner-occupied and rental housing.  Vaughan said, “Where do you find housing in disrepair.  You find it primarily in Districts 1 and 2.”

"owner-occupied and rental housing" = buying votes in East Greensboro
with everyone else's tax money 

Hightower agreed saying, “It is more of an east Greensboro, District 1 and District 2, problem.”

The $34 million would be used to build and repair about 580 homes, according to city estimates, for about $60,000 a home.

Who's homes?

...Outling said that 580 housing units was just a drop in the bucket compared to what Greensboro needed.

...Hightower said she didn’t think they needed to put $200,000 in bond money into bus shelters.


...If the voters approve the $106 million in bonds it is estimated it will raise taxes about 3 cents.  Hightower said that she was OK with raising taxes 3 cents all at once.

When the City Council found that council salaries were lower than other comparable cities in the state it immediately gave itself a big raise, but the fact that Greensboro has the highest property tax rate of comparable cities did not result in the City Council deciding to cut taxes, but instead to raise taxes so we can be certain of keeping our position at the top of the property tax rate heap.

Industries looking for new sites consider all the costs of doing business in that location.  The property tax rate is part of the cost.  It puts Greensboro at a competitive disadvantage to have higher tax rates than comparable cities in the state, but that doesn’t bother the current City Council."