TKC MUST READ!!! KANSAS CITY INSIDERS FEAR CITY HALL ENDLESS LOVE WITH PROPERTY TAX INCREASES IF UPCOMING $800 MILLION APRIL GO BONDS APPROVED!!!
An important note from the Citizens For Responsible Government is circulating on the local Internets and it's important to share.
Here's a warning about the latest tax increase plan from City Hall:
CFRG: “THE BONDS WILL AUTHORIZE THE CITY TO MAINTAIN TANGIBLE PROPERTY TAX RATES SUFFICIENT TO PAY INTEREST AND PRINCIPAL ON THE BONDS UNTIL FULLY PAID.”
This means we give the City permission to raise property taxes to whatever level they need to pay the bonds for the next 40 years without any vote of the people.
Put even more simply for our beloved TKC blog community . . .
FEAR ENDLESS KANSAS CITY PROPERTY TAX INCREASES IF CITY HALL PASSES $800 MILLION WORTH OF GO BONDS!!!
To be fair, City Hall isn't being specific with voters about what the cash will fund IN ADDITION TO a great deal of secrecy regarding the fine print.
You decide . . .