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Galt braces for lower property tax revenues

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Posted: Friday, February 22, 2013 12:00 am

The city of Galt is expecting approximately $150,000 less in property tax revenue this fiscal year, according to a mid-year review.

But City Manager Jason Behrmann does not believe it will have an impact on anything that residents will notice.

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3 comments:

  • Joanne Bobin posted at 10:27 am on Fri, Feb 22, 2013.

    Joanne Bobin Posts: 4488

    Oops...posted the last by accident - comment continued.....

    My property taxes have INCREASED since the economic slowdown and my property has lost market value to the tune of 250K, but the assessor's office tells me that has nothing to do with their "assessed valuations."

    Also, if these properties are in foreclosure, the mortgage holder is responsible for paying the property taxes if they are not receiving those monies from property "owners."

    This article needs a lot more clarification.

     
  • Joanne Bobin posted at 10:17 am on Fri, Feb 22, 2013.

    Joanne Bobin Posts: 4488

    Good questions, Mr. Chaney.

    Is the projected "loss" in property taxes in Galt due to lower property values, or for non-payment of property taxes.

    My property taxes have INCREASED

     
  • Doug Chaney posted at 6:24 am on Fri, Feb 22, 2013.

    advocate Posts: 502

    Where are the comparable articles that are so comprehensive as those designated constantly to Galt, while the controversial issues are swept under the rug at the Sentinel, such as the recent decision by Lodi city council to let Gillespie and Doucette out of their contractual obligations at the Gateway housing projects and Reynolds Ranch, depriving your town of much needed revenue from developers that made a bad business decision and since they're well connected and part of the good old boys clan are just forgiven of debt and contractual obligations only given to those to whom this council seems to always do "special" favors for. Aren't these poor decisions and loss of revenue to our city as important as Galt? I would expect that you would at least cover the same type issues of your own little town as well as Galt. At least the Galt citizens are pretty well informed while that doesn't hold true for Lodi. And I don't believe that Galt has any 7AM public meetings that give the appearance of keeping citizens away from their important self serving " secret" early morning agendas, do they?

     
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