1MZFE

Automotive enthusiast and occasional commentary. I want to hear from you even if it would seem we disagree!

[1MZFE @1MZFE]

My metric is the placement and availability of Apple Stores

[BinghamtonDaily @BinghamtonDaily]

Upstate NY Rolex desert.

[1MZFE @1MZFE]

@jcm10x1 It’s a survivor is all

[1MZFE @1MZFE]

@schtheven I didn’t even need to go to your bio to see that this was Texas

[1MZFE @1MZFE]

@elonmusk @CommunityNotes Why can’t it remain a notification?

[1MZFE @1MZFE]

@RealBrittHughes Hey. Just because you have Downs doesn’t mean you aren’t Instagram perfect!

[1MZFE @1MZFE]

@Jake84629 @Dashytwo At least you said could finance, not “could afford.”

[1MZFE @1MZFE]

@MurrayHillGuy1 You get laid at the bar?

[1MZFE @1MZFE]

@Bringatrailer Here is another swagger wagon.

https://t.co/BrDwsyqbWv

[Libs of TikTok @libsoftiktok]

This is INSANE

Democrats NY have passed a bill changing terms such as "mother" and "father" to "gestating parent" and "non-gestating parent."

It will now head to Gov Kathy Hochul to be signed into law.

Democrats are destroying what it means to be a mother and father.

[1MZFE @1MZFE]

@MurrayHillGuy1 Not worth the risk

[1MZFE @1MZFE]

@imkylelambert No toilet

[1MZFE @1MZFE]

@stetsondoggett @SnazzyLabs So glad Stetson is seeing this thread

You were unbelievably patient with your experience

[1MZFE @1MZFE]

@lutefiskguy @Tryangle @elonmusk @Tesla @cybertruck Cyberbabies

[1MZFE @1MZFE]

@FrankBr05713205 Since the Billiard balls became too painful to pass. 🚽

[1MZFE @1MZFE]

@creepydotorg Ouch

i

[1MZFE @1MZFE]

The situation in my similar hometown.

[𝙷𝚒𝚌𝚔𝚖𝚊𝚗 @shagbark_hick]

So here's some fast facts on the NYS Property Tax nightmare I've got on my hands:

1. The school district is the #1 employer in this town
2. The school district has lost 50% of its students in the last 20yrs, and is on track to lose more
3. The District spends $40k per kid per year
4. That adds up to a budget of $10,000,000/yr for a District with ~200 students
5. 36% of that sum is funded by local property tax
6. That sum must be paid by the 854 households in the district area
7. Expressed per household per year, that's a tax burden of roughly $4,000 on average
8. School tax is only ~55% of our total property tax bills here; so after shelling out $4k/yr on average for schools, there's another ~$3k/yr per household on average going to county tax
9. We also pay some of the highest state income taxes in the USA (3rd highest)

These are rough numbers expressed in averages. Assessments matter, rebate programs like STAR matter, etc. Of course, on assessments, many of us are absurdly over-assessed.

For example, I paid $33k for my house last year. That same year it was re-assessed to $74,000. So I'm paying roughly double my fair share. The grievance board doesn't care about this -- because the school needs money, and that money pays the salaries of half the town, so they jack up the assessments. My effective property tax rate on my ACTUAL full-market value is 7.47%.

Meanwhile, we continue to lose population. People are dying and the properties are sitting vacant -- many are candidates for tax auction. Young families are moving out. Those who stay will be punished with constantly increasing taxes and assessment re-valuations. We consistently vote to surpass the tax caps, too, so rates rise above the state mandated 2%/yr. This is true even if the levy doesn't rise -- but it usually does.

Even if the school shuts down (it eventually will) -- you don't stop paying school taxes to dying districts. Your district gets absorbed and you instead pay taxes to the new district, which will face the same problems. The downside is infinite.

And also -- in the more dysfunctional high-tax towns, like this one, property values are not increasing on-pace with inflation. So the longer you wait to sell out and leave, the more you lose.

What does the future hold for those who stay here?
I am not so sure that I want to find out.

[1MZFE @1MZFE]

@SteveSkojec

[1MZFE @1MZFE]

@TheMekon_Venus I spent many, many hours with one of these. As a then-Microsoft-only boy, they were so foreign and alien to me, and I was still finding out new things all the time.