Residents in Trussville turned out by the thousands on Tuesday to vote down a proposed property tax hike.It would have been a 12.9-mill increase; roughly $129 for every $100,000 of home value. If your home is valued at $400,000, that’s an additional cost of $516 a year in taxes.The money would have gone toward education, such as a new elementary school and renovations to the middle and high schools.>> FOLLOW US ON SOCIAL: Facebook | Twitter | Instagram | YouTube However, residents against the tax said it would create more of a financial burden on taxpayers.“I think if we’re growing enough that we have extra students, then that means we have extra property tax,” said one resident before the vote. “We have extra sales tax coming in. So why is it that we need to add additional property taxes to all the residents? If that money is already coming in, where’s it going?”A total of 5,317 people voted on the resolution, with 3,085 (58%) voting against and 2,232 (42%) voting in favor. Stay updated on the latest stories with the WVTM 13 app. You can download it here.
Residents in Trussville turned out by the thousands on Tuesday to vote down a proposed property tax hike.
It would have been a 12.9-mill increase; roughly $129 for every $100,000 of home value. If your home is valued at $400,000, that’s an additional cost of $516 a year in taxes.
The money would have gone toward education, such as a new elementary school and renovations to the middle and high schools.
>> FOLLOW US ON SOCIAL: Facebook | Twitter | Instagram | YouTube
However, residents against the tax said it would create more of a financial burden on taxpayers.
“I think if we’re growing enough that we have extra students, then that means we have extra property tax,” said one resident before the vote. “We have extra sales tax coming in. So why is it that we need to add additional property taxes to all the residents? If that money is already coming in, where’s it going?”
A total of 5,317 people voted on the resolution, with 3,085 (58%) voting against and 2,232 (42%) voting in favor.
Stay updated on the latest stories with the WVTM 13 app. You can download it here.
