Sunday, July 29, 2018

No, JPS, It IS a Tax Increase.

Here we go again.  JPS continues to make up its own facts about the proposed $65 million bond issue.  JPS School Board President Dr. Jeanne Middleton Hairston said the tax increase will not be a tax increase in a column published in the Clarion-Ledger today:


On August 7th, by voting for the proposed $65 million bond referendum, Jackson residents will help us address the priority needs existing at all schools.  In April 2018, JPS paid off some existing debt and now we have the opportunity to reissue the debt to secure these additional funds.  Reissuing the same amount for this bond will not cause a tax increase to homeowners.
Not so fast, my "learned" friend.  Jackson homeowners are going to see their property tax bills reduced by five mills this year.  However, JPS saw this as an opportunity to max out the credit card and raise property taxes by five mills while saying there is no tax increase.  Meet the Jackson version of Common Core math. 

Bonds and property taxes can be rather complicated so look at it this way. Suppose you have a $500 a month car note.  The car note is finally paid off in March.  Your monthly bills thus go down $500 per month.  However, you decided in November to get another car and presto, you know have to pay another $500 per month car note.  Your monthly bills went up $500 per month.

Dr. Hairston would like you to forget your monthly bills went down because you paid off that car note and ignore the fact that your monthly bills went up $500 when you bought the new car.   Who are you going to believe, JPS or your lying eyes when you get your property tax bill?  Make no mistake, Jackson homeowners will face a tax increase of five mills if the bond issue is approved on August 7.  

Of course, Dr. Hairston is the same person who said JPS was not focused on saving money. 

29 comments:

Anonymous said...

Still waiting for the JPS Bond Supporters to come a'knockin on my door or for the matter ANY DOOR in my JE Jackson neighborhood as they promised.

https://www.wapt.com/article/city-seeks-feedback-on-jps-by-launching-door-knocking-initiative/21604406

Anonymous said...

I think she meant to say 'Viewing your disposable income as a chart, you will notice no change in your income or expenditures as the $500 you were paying for the old car will become the $500 you are paying for the new car. So, with no discernible change you actually have a new car and will realize no pain'.

This is also the way people think when they say "I don't give a rat's ass what it will cost me over time, just tell me what the monthly note is".

Anonymous said...

And when they come a'knockin on your door, 12:20, you'll be back on here raising hell about them interrupting Gunsmoke and Bonanza.

Anonymous said...

Oh, but Donna Ladd the race baiter number 1 is claiming the residents in belhaven called police on the JPS canvassers going door to door in the white neighborhood is racist. Let me assure this liberal left racist fearmounger that runs the Jackson free press that it had nothing to do with rave what so ever. Not only that but I do find it interesting that this woman claims to be for healing yet always blames someone's skin color. I am of those that treats people equal like MLK said he wished for. I call the cops on anyone that continues to set foot on my property multiple times while asked not too... white black blue brown green. I could give a flip. So Donna ki$$ my Greek a$$ .

Anonymous said...

Fat finger....meant NE Jackson.

Time to hold those folks accountable and stop the gravy train. They need to learn how to operate a budget in the real world....as they've been living in fantasy land. https://www.youtube.com/watch?v=cmiyrYTxxvs

VOTE NO! VOTE NO! VOTE NO!

Anonymous said...

Am I the only one that would like certain clarification on how those that oppose the bond issue should proceed? What is the 60% required for passage based on, total number of voters on the rolls or those that actually vote? If Kenneth Stokes, the Farish Street Church Lady and others that oppose the measure encourage their followers to not vote, is that the same as casting a NO on the ballot?

Anonymous said...

Yeah, but it's the current leaders' turn to hook up their buddies and get paid on the back end. Those that came before them got paid, as did those that came before them. It's THEIR TURN dammit . . . this is just so unfair.

lovermangenuis said...

Either the Rev. Dr. Jeanne Middleton Hairston, Jr. III, Esq. doesn't know what she's saying, or knows exactly what she's saying.

Neither is a good thing.

Anonymous said...

The first step to become debt free is to realize you have a problem and change your habits.

Anonymous said...

It’s time for a deep breath and reappraisal of the car note analogy. Car notes are paid monthly. Property taxes are paid annually. After the bond issue passes and we compare our 2018 and 2019 assessments, there will be no increase. Maybe the phrasing could have been different to satisfy opponents of public education but the year to year impact is zero.

Anonymous said...

Fact: Property taxes are slated to go down. My taxes will be lower next year.

Fact: A bond issue will raise my taxes if passed.

Fact: JPS could have settled on fewer mils and could have sold that taxes were going down, but the greedy little administration gravy train needs to be fed fully, so they think they can hoodwink people.

Anonymous said...

Hey 12:33, Bonanza and Gunsmoke are really good shows. Don’t knock it till you try it. Come on man, you’ve been watching too much of Good Times and The Jefferson’s.

Anonymous said...

lets not insult common core math like that...]

this is the 'good credit, poor credit, zero credit' scam..its fancy math that the common person cant understand...designed to trick people..

Anonymous said...

"Fuzzy math" - It's what libtards use to sell their thievery to the useful idiots.

Anonymous said...

Note Middleton stated the "largest urban district". She worded her words carefully. Desoto County has more students. Jackson has decreased from 33,000 or more to about 25,000 but has their budget decreased?

Anonymous said...

Actually nothing really fuzzy about it.

2018 taxes = x
2019 taxes = x
x - x = 0

There is no year to year tax increase. Sorry to disappoint those who slept through junior high math.

Anonymous said...

Vote Yes to RAISE taxes and line the pockets of the demorats.

Vote No to REDUCE taxes and cut JPS administration cost, use budget for teachers, kids and classroms.

Anonymous said...

@1:00

60% of those voting on the bond issue must vote in the affirmative for the bond issue to pass. The number of registered voters has nothing to do with it. In this case not voting will more likely be a yes vote since turnout on bond issues is historically low. Please vote NO!

Anonymous said...

3:49pm Questioning school budgets doesn't make one anti-public education. JPS continues to lose students while not concurrently consolidating schools and (egad!) laying off administrators. This is not only rearranging the furniture on the Titanic, it is signing up for the next trip while it is sinking. I blame Phil Bryant. This would not be happening if the state took control of the district.

Anonymous said...

Not to mention these bonds being “payed off” were actually refunded and we are still paying for those projects because we are still paying principal and interest on the bonds that refunded them. I think it was a 2016 bond issue that refunded the later maturities on what I believe was a 2008 bond issue (the one being “payed off”).

Anonymous said...

Hinds County Road Taxes and Tag Fees are a prime example. Reduce the maintenance and ask voter's to line pockets and pay for mismanagement. Get informed, ask questions, study other cities and counties and whatever you do don't take a politician's word for anything!

Anonymous said...

A $65 million bond and the administration can only explain $30 million.

Seems right.

Anonymous said...

July 29, 2018 at 5:17 PM wrote:

"Note Middleton stated the "largest urban district". She worded her words carefully. Desoto County has more students. Jackson has decreased from 33,000 or more to about 25,000 but has their budget decreased?"

The Ocean Springs School District has about 5800 students, JPS has about 25,000 and the Desoto County School District has 30,000-plus, yet the small Ocean Springs district and the largest-in-the-state Desoto district are close in cost-per-student (in the $7000 range), about 25% less than the JPS (the $9500 range). By way of comparison, the average tuition at Jackson Academy (grades 1-12) is $13,500, with about 1200 students and Jackson Prep is about the same cost and has about 850 students (6-12 only).

Based on the numbers, giving the plainly incompetent administration of the JPS more money will not accomplish anything beneficial to the students of JPS. If anything, the vote should be about cutting the JPS budget by 25% and demanding a significant reduction in staff and other costs. If the current admin and staff at JPS cannot do what Desoto, Ocean Springs and many other districts are doing, get rid of them all and bring in those that can.

As to the "no tax increase" stuff, if a Jackson resident's tax bill is $1000 in 2018 and $1000 in 2019, there has been no increase in their tax bill, but it does not mean it doesn't "cost" the taxpayer anything because they are prevented from reallocating their capital to something else. A good way for a taxpayer to view it is as what is known in economics as "lost opportunity cost." Here is the explanation (the numbers are hypothetical and it ignores other non-JPS increases, but you can easily plug your numbers in and the premise remains the same):

Assume your tax bill is $1000 in year 1. In year 2, there are two possibilities: it will stay the same, the $1000, if JPS gets to piss some more money away (a "yes"/"for" vote on the bond issue) or it will go down to $900 (a "no"/"against" vote on the bond issue). In year 3, again, a "yes" vote means $1000 in taxes and a "no" vote will mean $900 in taxes. For however many years your taxes don't go down because of a "yes" vote, you are prevented from doing something else with the $100 of capital you would have retained by voting "no," be it investing it, buying a car or using it to light fires. Voting "yes" means you will lose the ability to reallocate your capital, so it will cost you to vote "yes."

So if you think your money is best spent by the incompetent bunch of idiots at JPS, then you need to vote "YES! I'm FOR the morons at JPS pissing away as much of my money as they want!" But if you'd rather you spend your money, then vote "NO! I'm AGAINST any more of my money being pissed away by those morons at JPS!"

Anonymous said...

6:08PM, you are correct, "fuzzy" is the wrong term. Deceptive is much more accurate.

Anonymous said...

It never ceases to amaze me how many of you generalize about “ liberals” and “ Democrats.” We all know you are talking about African Americans.

Anonymous said...

Lumumbaville is only 17% white, yet Donner Kay lives and works in one of the few dominantly white areas. Why doesn't she live on Flag Chapel Road and place JFP offices on Bolling Street?

Anonymous said...

It's going to pass with about 75% despite what all you naysayers think or actually want.

Ronald Reagan said...

Well... sounds like Voo-Doo economics to me.....

Kingfish said...

3:49: Ever heard of escrows and lenders factoring property taxes into monthly payments?



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