$27.5 million County Bond Propositions – A Tax We Can’t Afford!

Kerr County residents can’t afford the bonds that the commissioners have put on the November ballot!  The ask is too big, and the timing is terrible.  Even Barack Obama said, “you don’t raise taxes in a recession”. 

If passed, Propositions A, B and C will add $27.5 million of debt to the county and will result in an increase of around $103/year for the average homeowner.  If you live within the Kerrville city limits, this county tax increase will be on top of a 20% increase in the city’s property tax (their tax rate increased by 12.9% so your actual tax increase will depend on how much your home’s appraised value went up).  While some of the capital projects should be funded, they have included approximately $19 million for projects that we can either do without, defer or find alternative funding for!  For details on what we don’t need go to: https://richpaces.com/county-bond-propositions-breakdown-analysis/

The timing for these bond propositions couldn’t be worse.  We are in the middle of a recession with Inflation at a 40 year high. Food and energy prices are dramatically higher.  Inflation is effectively a tax increase and hardest on those who can least afford it.  People are struggling to get by, yet our commissioners want to increase your taxes! 

Consider that construction materials cost at least 25% more than just one year ago. Our supply chain is a mess and there will be delays in delivery of critical path materials. There is also a shortage of the skilled workers necessary for these projects.  The resulting project delays will add substantially to overall project costs and any cost overruns will further burden already stretched taxpayers.

I recommend voting against these bond propositions as currently proposed.    We just can’t afford this tax increase on top of everything else.