>nothing since the land will now bring many more >dollars in property taxes as a R-1 zoning >rather thag ag or farm land .
Around here, you lose money on residential and commercial development. Cost of services exceed the tax revenue.
$8,000 a kid...need a $450,000 home to cover the cost of a one kid family around here without raising everyone else's taxes up.
Next town over has a Lowes / Target shopping center going in. Already hired a 5th Resident State Trooper (they don't have a local PD) at a cost of $95,000 just in anticipation of the extra calls for bad checks and shoplifters. Commercial buildings and improvements depreciate in value so their taxes paid go down; Trooper costs go up by 3% a year. Maybe 1/2 the taxes paid by the shopping center are a "net" gain for the town next year over expenses...20 years from now, the town will be paying more to support them then they collect.
The two towns in my area that added the most residents over the last 15 years -- both went from 5,000-something to 8,000-something...and that was enough to tip the volunteer ambulance over the breaking point during the day. $150,000 for each town each year to provide paid daytime EMTs.
Manufacturing, Utilities, and undeveloped land are the only things that have a positive impact on taxes around here.
Not that I like onerous zoning -- I'd rather see towns buy the land outright to control it. But development has a real and significant fiscal impact on everyone. At least 1/3rd of what I pay in property taxes today is attributable to population growth in my town over the last two decades...if we didn't have those houses, we wouldn't be spending that money.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
