Jotham Stein files paperwork for his candidacy for mayor in spring election.
St. Charles mayoral candidate Jotham Stein on Monday launched another salvo at the City Council, saying that a series of ordinances the council passed unanimously during its Monday night meeting amount to a 5.2 percent tax increase for city residents. “I have repeatedly opposed raising our property taxes during these difficult economic times, and tonight I decry the City Council’s decision to raise our property tax rate yet again, by 5.2 percent,” Stein said in a release a campaign supporter issued to the media at the City Council Chambers. “I am also saddened by the disingenuous statements that taxes aren’t going up. Of course taxes are going up,” he said. “Next year, St. Charles residents will pay an average of $42 more in taxes for …
During Monday’s public hearing, St. Charles Finance Director Chris Minick laid out how the amount residents pay on the city’s portion of property taxes will not, on average, change in 2013, even though the tax rate will increase 5.2 percent.
Monday night was a public hearing at which residents had the opportunity to say yae or nay or otherwise voice their concerns about the city’s plan to keep it’s portion of residents’ property tax bills unchanged in the coming year. What it boils down to this year, St. Charles Finance Director Chris Minick told the City Council, is that for a fourth year in a row, city homeowners on average will pay no more in taxes on the city’s portion of the property tax bill than they did a year ago. The caveat is that because the market values of homes have declined 5.2 percent, the city’s portion of the property tax rate will increase 5.2 percent. “The impact … is that we expect no change in the city portion of our average residents’ property tax bill …
Dan
1:07 pm on Monday, April 15, 2013
My phone bill just wen up $3.50 according to Verizon it is St. Charles and County tax increases... since when has the county been able to tax my cell phone... I think I will get a different prefix and address... more ›