Who's Fooling Who?

Who's trying to pull the wool over the Electors eyes?

Was just looking at a tax bill for real estate taxes for a piece of property in the Town of St. Germain.

Here's a typical one:

Land Assessed Value                        $150,000
Improved Assessed Value                 $  72,000
Fair Market Value                               $204,000

State Tax                                            $ 0
Vilas County Tax                                $ 479.37
Town of St. Germain  Tax                   $ 292.71    ----------} This is the Town Real Estate TAX
Northland Pines School DIstrict         $ 1237.81

The Town is saying that if they borrow $4 Million Dollars it will only cost $58.00 per one hundred thousand dollars assessed valuation over 15 years.

Look above for the reality. This home will pay $118.30 per year over fifteen years. 

However: The town tax rate is $292.71 per year on this particular piece of property, which will now be increased to $411.10 per year or a 40% TOWN TAX INCREASE!

That's quite a jump for funding someones folly with our money!

I urge you to VOTE NO to any new building when we can live with what we have for many years to come.