Can anyone spot the error in this Clarion-Ledger article?
The City Council unanimously voted down the tax increase yesterday.
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26 comments:
It should be "mils" instead of "mills".
$300 or $3,000. What’s the difference to those tax payers? Sanderson doesn’t know.
Ummmmm, the article didn't mention where the City "found" some money to keep from the tax increase. Found ? A curious word to use. You found unused funds that were granted months ago. In other words, folks had the hands in the cookie jar and this was a way to keep from getting spanked my The Shad.
Apparently they don’t learn math at journalism school?
Math is wrong. Should be $6.603 per $1000. Not $66.03 per thousand.
$66.03 should be $6.603 per $1000.
Good Lord. They don't even know what a mill is. They say $66.03 in taxes for every 1000. Its $6.603 per $1000. Under new rates someone would pay an additional $30 in taxes on home valued at $100k.
Not that it passed anyway
Somebody at the Clarion Ledger needs to re-examine the value of a mill times $1000.00 taxable value. I am not surprised and apparently no member of the city council knows the value of a milll. The only one that I thought would know the value is Ashby Foote.
Didn't know a care was considered real property?????
let me figure this out. a total of 66 bucks per $1000 on a property worth $100,000 hmmmmm,,, 100 thousands in 100,000
66 x 100= $6,600
for a property worth $300,000 with an assessment ratio of 100%, the total tax bill would be around $19,800
Gee, that sounds like a lot. I better get my checkbook out to help pay for all the wonderful water services we enjoy or else lower my assessment rate.
(by the way the correct spelling is mill as in "mill rate" or "millage" and a millage of 66 means you pay 66 bucks for every $1000 of of the effective property tax.)
Not fooling us Virgi with that vote against a prop tax increase.
I haven't understood for some time the fixation on Clarion Ledger errors.
Talk about punching down. No one reads the C/L. It's a shell of its former self. No one refers to it. No one quotes it. It's hardly exists in our lexicon. We all know this. It's past annoying and now is borderline weird.
Seriously, use your platform and diligence to focus on something else that is either enlightening or entertaining as most every other post you make does - with exception to Sid Salter blog posts.
I'm with 12:03. News to me if the city taxes "cars" on value - the city may get some portion of the sales tax, but never heard of a ad valorem tax on individually owned (i.e., not business owned) vehicles. The auto dealers collect sales tax on cars when you buy from a dealer, used sales between non-merchants are imposed a "sales tax" (based on valuation of make/model and not stated sales price in bill of sale) when you register the vehicle/title in a particular county. And then the county taxes you again based on value of the vehicle with the road/bridges privilege tax paid in exchange for your tag/license, so that is similar to an ad valorem tax. If the city of Jackson taxes cars for a third time, seems like it would have to occur through some local/inside city limits only add on to the sales tax you already pay, and not another tax based on value. No ad valorem on cars - my guess.
"A Concerned JJ fan" start your own gig and let's review how you've fared 14+ years later. Seriously. Your complaints are past annoying.
Not fooling us Virgi with that vote against a prop tax increase.
She cooked her goose with the garbage contract fiasco. You damn well know she would have been right there as the fourth 'Yes' vote to approve Lumumba's full monty had the three other votes been there. She and her buddy Chowke have done serious damage to the prospects for passage of the foolish CID. Nobody believes either of them.
1. "Mill" is correct
2. 66.03 Mills would be $66.03 per $1000 of "Assessed Value"
3. 3 Mills would be $3.00 per $1000 of "Assessed Value"
4. $3.00 * (100,000 / $1000) = $300.00
The man's Math is correct, however it is not $300 on a home valued at $100,000 but $300 on a home assessed at $100,000.
Also City Council should be capitalized.
@ 12:50pm, Your guess would be wrong. When you buy/renew a car tag in Mississippi there are several charges you pay such as registration fee, privilege tax, and also ad valorem taxes based on what the government says your vehicle's value is. That ad valorem tax can consist of county taxes, municipal taxes(if you live within a city), and school taxes.
True value and assessed value is not considered.
One "error", deduced from CL article, is that the Council failed thus far to use the budget crisis to force the Boy Mayor to:
1. Agree to sell all the Real Estate he cannot manage or maintain or outright permits to rot;
2. Pay a collection agency a percentage to collect unpaid bills for City Services.
When the Mayor is a marxist, race mongering cockroach who runs prosperity out of town and gives City Services away to buy votes while the Water, Streets, Sewer and Bridges collapse , only brute force can yield a fiscally responsible result.
Re: Concerned JJ Fan at 12:40 - You're correct about the uselessness of the Clarion Ledger. But when it reinforces false narratives - like all of Jackson's problems are caused by white people - then it's only fair play to point out other examples of stupidity on the part of the CL.
No ad valorem on cars - my guess.
Wrong. Next.
1:12
Also, we have assessment ratios in Mississippi. The assessment ratio for owner-occupied real property is 10%. A home assessed at $100,000 would be a million dollar home. A $100,000 home x 10% x the 3 mill increase would be $30.
A car is considered personal property for the purpose of ad valorem taxes. Real property is land and fixed attachments (i.e. buildings). Mississippi is one of the few states that allows assessment of ad valorem taxes on cars. That's why our tags cost so damn much.
The reporter is only 25 years old. He probably rents an apartment in Ridgeland, near the C-L offices. The C-L turns over reporters every 18-24 months. And is the editor still living in Tennessee?
I thing Lee is doing the best job of reporting in the last 15 years.
"A Concerned JJ fan" start your own gig and let's review how you've fared 14+ years later. Seriously. Your complaints are past annoying."
Do you never tire of posting that same stupid bullshit over and over? "Start your own blog" is actually what's past annoying.
And why, pray tell, is it annoying that KF's infatuation with the CL is pointed out? If it's OK for him to be infatuated, it should be OK for others to recognize and point that out. Please go away.
9:57 PM
Clarion Ledger building is on South Congress street in downtown Jackson.
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