If our affordable-housing program in Boulder aims to provide workforce housing, then why is the burden of affordable housing’s property tax-exempt status being carried on the backs of the residential homeowner?
Lincoln Miller’s (12/11/16) op-ed in response to Steve Pomerance’s (11/30/16) column about property tax exemptions for the Masala co-op raises questions about Boulder County’s property tax lien auction. If the BHC/BHA “authority” setup exists to help low-income residents find affordable housing, then what is the justification for the BoCo property tax lien auction which penalizes financially-distressed property owners liable for paying property taxes for failing to pay them? The reasons for property owners’ failure to pay their property taxes vary. Some simply forget, but some can’t pay because they find themselves in financial straits due to insufficient retirement income, unexpected job loss, unexpected major medical expenses, and unexpected property tax increases. Continue reading “Tax-exempt co-ops and property tax increases”
The middle class is being squeezed out of Boulder. Growth in government spending, funded by rapid increases in property taxes, is a primary cause. Increasing property valuations are fantastic for taxing entities, as they fund growth in government and government services.
As property taxes increase significantly faster than incomes, the tax burden on the middle class grows. Ultimately long time homeowners cannot afford the property taxes and must sell their homes, driving a migration of the middle class out of Boulder.
John Tayer, president and CEO of the Boulder Chamber and Betsey Martens, executive director of Boulder Housing Partners, joined forces to write this guest opinion in the Daily Camera: John Tayer and Betsey Martens: Coming together for community – Boulder Daily Camera.
In it, they basically sell out the residents and taxpayers of Boulder in favor of their respective special interest groups – claiming a “reasonable compromise” was reached. One problem with their approach is that the biggest stakeholder in this discussion – the citizens of Boulder – did not have a seat at the table. Continue reading “Selling out Boulder’s taxpayers”
Thank you, Molly Greacen (“Demand zero increase in property taxes,” Daily Camera Open Forum, Oct. 30). Not only should we demand zero increase, we should conform proportionately to our incomes. There are times in one’s life where the getting is good and there are times of lean to nothing. To issue a one-size-fits-all property taxation policy is not only obtuse in thought, it is greed in its highest form and its premise is devised by those powerful enough to accommodate.
Are you concerned about the skyrocketing increases in property tax? What about the flight of longtime residents from Boulder? Now is the time to act if you want to protest the county’s proposed 5.5 percent budget increase for 2017, affecting our property taxes.
“We want them to start taking into consideration the impact that the property taxes have on the people who are paying them, especially long time residents who can’t necessarily afford these increases.” –Leora Frankel, Boulder resident.
Some residents in Boulder County, particularly within the city of Boulder are concerned about rising property taxes in the past year. Molly Greacen who has lived in the Melody-Catalpa neighborhood in North Boulder for 22 years has seen a dramatic rise in her taxes in the last 12 months.
Molly Greacen and Leora Frankel discuss the impact of rising property taxes on their neighborhood.