Adams County Government’s Post

📣 Heads up, Loveland. Tune in to today's City Council study session meeting to stay up to date with 2024/2025 budget planning, including alternative reduction scenarios, independent governing districts, and options for a future sales tax increase, with Council feedback guiding further strategies. Study sessions are non-voting meetings used to provide City Council with information. 🏛️ Independent Governing Districts: Discuss the formation of independent governing districts for services like the library and cultural services to manage their own funding and operations. 📊 Potential Sales Tax Ballot Request: Explore the possibility of a future sales tax increase to help offset the budget shortfall, focusing on specific uses or general fund enhancements. 🔄 TABOR Override Election: Consider the renewal of the TABOR override to allow the City to retain and invest excess revenue into essential community services and infrastructure. 💬 Participate in Tuesday’s meeting You can participate in-person, virtually over Zoom, or by telephone. Find more info on participating in the agenda. 🕖 6 p.m., Tuesday, June 11, 2024 📍 City Council Chambers (500 E. 3rd St.) 🔗 Find the meeting agenda → https://lnkd.in/ghPDFEpz

READY TO VOTE? // Improving movement in and through Nampa is one of the top community-identified priorities shared in our annual survey. If approved by voters, the $38 million General Obligation Transportation Bond is not estimated to raise current funds collected by Nampa taxpayers, but be similar to the fees paid by the expiring general obligation bond. The bond is for the purposes of increasing public safety by funding improvements to certain roadways and pedestrian corridors within the City of Nampa. Nampa residents inside city limits will cast their vote on the May 21, 2024 ballot. The following high-need projects have been identified for funding should the bond be approved by voters. These projects, which will reduce travel times and congestion, are a mix of construction and design. Treasure Valley Marketplace & Midland Intersection Improvements Library Square Congestion Improvements 12th Ave to 11th Ave Crossover Corridor South-East Nampa Connection to SH-16 (Design) Safe Routes to School (Sidewalk Improvements): -Lone Star Middle School -Endeavor Elementary -Birch Elementary -Roosevelt Elementary -Skyview High School -East Valley Middle School Learn more at https://bit.ly/nampabond Pursuant to an ordinance adopted on February 5, 2024, by the City Council of the City of Nampa, Canyon County, Idaho (the “City”), there will be a special municipal bond election held between the hours of 8:00 a.m. and 8:00 p.m. on May 21, 2024, in the City regarding the City’s proposed issuance of general obligation transportation bonds in an amount not to exceed $38,000,000 for the purposes of increasing public safety by funding improvements to certain roadways and pedestrian corridors within the City. The interest rate anticipated on the proposed bonds based on current market rates is 3.59% per annum. The total amount to be repaid over the life of the proposed bonds, principal, and interest, based on the anticipated interest rate, is estimated to be $53,910,817, consisting of $38,000,000 in principal and $15,910,810 in interest. The estimated average annual cost to the taxpayer of the proposed bonds is a tax of $18.00 per $100,000 of taxable assessed value, per year, based on current conditions. The proposed bonds will mature within twenty (20) years from the date of each series of bonds. The total existing indebtedness of the City, including interest accrued as of May 21, 2024, is $155,840,619.

Today at the League Of Oregon Cities' 2024 Local Government Spring Conference, Grants Pass City Manager Aaron K. Cubic likened managing public safety and general fund budgets in Oregon to running a marathon with sunglasses while breathing with a paper bag over your mouth. The "Public Safety Financing: Levies, Fees, and Contracts, Oh My!" session shed light on the rising demands and costs for public safety services. Participants explored creative funding solutions, including levies, fees, and partnerships, supported by community voters. The challenges stem from Oregon Measures 5 and 50, voter-approved in the 1990s, which capped property taxes leading to reduced municipal revenues. For example, North Bend relies on a transfer from the General Fund to pay for police, fire, and dispatch, bolstered by a $15 monthly public safety fee on utility bills, a rate that cannot be increased without voter approval. Before these measures, Oregon utilized a levy-based system where taxing districts set levies as dollar amounts, divided by the real market value (RMV) of properties to determine tax rates. Under that system, the full market value of properties was taxable, and districts could only exceed a 6% increase with voter consent. This session provided crucial insights into navigating these financial constraints to ensure public safety. #publicsafety #taxation #localgov

Peter Manzo, President and CEO of United Ways of California, urges the Legislature and Governor’s Administration efforts to further support uplifting California households with low incomes in the years ahead. "...no one feels the cut of critical state programs more than California families and households with low incomes. This is why we’ll continue advocating to fully restore funding for Free Tax Preparation Assistance and Outreach & Education programs at $20 million ongoing." "The impact of tax credits and free tax help is life-changing for many and ultimately benefits every community, every local economy, and every Californian." Read the full statement here: https://lnkd.in/eSFMDyZ4

Joe B Kent didn't shy away from asking the tough questions today: Does the Historic City Council really care? Council Chair JB Smiley's passionate response followed a public comment accusing the Council of indifference after approving significant FY25 tax and fee increases. 📈💬18% property tax increase 100% car registration fee increase 41% solid waste fee increase These decisions come amid concerns over budget transparency and public financial oversight. Is it time for a change in how our city handles its finances? Read more and join the conversation. 👇#Memphis #CityCouncil #TaxIncreases #PublicTransparency #CommunityBudgeting

Regardless of the outcome of this year's election, in 2025 there is going to be a massive rewrite of US tax policy. Congress is already working in teams to draft recommendations for new tax policies, and there's good news for the Low-Income Housing Tax Credit: the representatives assigned to housing and community development tax policy are already co-sponsors of the Affordable Housing Credit Improvement Act. These Congressmen and -women are now asking for your help in persuading leadership to strengthen and expand LIHTC. They are asking for original, individual letters of support, and we want to ensure that Congressional leadership knows how much LIHTC impacts North Carolina. Learn more in this week's Housing Matters about how you can submit a letter and advocate for more affordable housing in NC.

From collecting property taxes to ensuring the accurate dispersal of funds to each of our 61 local municipalities, school districts and the State of Wisconsin, the Marathon County Treasurer's office has a key role in managing our county's finances. In addition, the Treasurer's Office: 💰 receives all monetary funds belonging to the county 💰 manages county investments 💰 works collaboratively with other county departments to address tax delinquent properties. #NCGM #WisCounties #NACO #MarathonCountyWI #Counties #CountiesWork

Proposed cuts to the State’s budget may jeopardize the programs that tens of thousands of Californians rely on free tax prep, education & outreach, and ITIN support to file their taxes & claim their tax credits for free. Through The HUB, BWC’s foster youth community center, more than 100 youth received tax filing assistance through the free VITA tax service. Cuts to these programs in #CABudget will leave Californians unable to access the relief they rely on to help make ends meet. That’s why it’s so important that state leaders protect and maintain safety net reserves and anti-poverty programs in the state budget that so many of our most vulnerable residents rely on. Current budget cuts will leave Californians unable to access the relief they rely on to help make ends meet.

The NTLA Foundation, an initiative of the National Tax Lien Association, plays a pivotal role in educating and supporting communities about tax liens, promoting financial literacy, and advocating for fair tax policy. Here’s why everyone should be aware of their work: 1. Education: The NTLA Foundation offers resources and seminars that educate property owners on how to manage and fulfill property tax obligations, preventing tax liens and potential foreclosures. 2. Support: They provide assistance to those who are most vulnerable, helping homeowners understand and navigate the complexities of tax liens. 3. Advocacy: The foundation works tirelessly to advocate for policies that ensure fair and understandable property tax collection processes. Understanding the resources and support available through organizations like the NTLA Foundation can empower homeowners and promote community stability. Whether you're a homeowner, investor, or just interested in financial education, the NTLA Foundation has resources that can provide significant benefits. Let’s spread the word about the important work they do! #NTLA #TaxEducation #FinancialLiteracy #Homeownership #CommunitySupport

Vitally important to many many aspects of planning and development.