1:53:38
Years of massive tax breaks and short-sighted developer incentives ultimately forced the city council to pass a staggering 183% property tax rate hike in August 2026 to make up for infrastructure and public safety strains.
14:28
If the proposed property budget is approved, Hooper City will receive an additional 128,000 in property tax revenue per year as a result of the tax increase.
45:26
So all of them so whoever buys up on it, whether it's the fire, the school, the county, whatever, all of that property tax revenue gets diverted into this.
13:38
So, the third and only other way to get more property tax revenue is to go through this truth in taxation process, and to say, "We need more revenue than what we had last year, and so we're going to be very transparent, and we're…
1:07:41
Um the proposed property tax rate would be 0.004736. That generates 396,94 approximately. These are estimates of of course um the additional property tax revenue that we are trying to generate is 128,000.
4:44:23
You know what? They're not res. They're not paying the property taxes to if you have to use general fund to pay for it. And then we need to transfer from a resident to a non-resident.