Peter writes, in part:
> I agree that taxes are high and people are moving out of the
> city, but the taxes follow property values (theoretically
> anyway), the root of the problem is an out of control real estate
> market.

Half of the annual property tax increases attributable to the city are to
paydown past debt... and are not a result of real estate appreciation, or
state cuts.  The Strib referred to it as a 'workout' plan (for past
overspending), and they are correct.

Michael Hohmann
Linden Hills
www.mahohmannbizplans.com



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