Friday, May 18, 2007

Pueblo Neighborhood Partnership Steering Committee — 070518

An on-line meeting.

Because we’re scattered to the four winds today, and cannot get together, we’ll have the monthly Steering Committee meeting of the Pueblo Neighborhood Partnership on-line, via this blog.

Below are the details of this meetings requirements….just click on the word ‘More…’.

More...

We’re ‘In’ the Money (Part 4)

Life is a bowl of merde and statistics, rather, sadistics is the spoon.

I’ve been pondering the recently released property tax assessment on my home. And it seems to me to be very odd that we should realize such a significant increase in value while, from all appearances in the local economy, things are not really that good.

I’m not an economist, so I’ll let Misters McCarthy and Beltran slug out the theoretical aspects of how assessments SHOULD be determined; market or statute. However, I have had some brushes with statistics. And statistically speaking, I’d like to see Mr. Beltran’s raw data and methodology. The material and process from which he derived these new assessments.

Whereas Misters McCarthy and Beltran give differing views on what the proud homeowner of a charming $110K property can be expected to pay as a result of this increase; the former says $300 more the latter says $25. From a purely statistical and simple, i.e., not New, math perspective, I expect I’ll have to pay more the former than the latter. For 2007, the tax burden of this grand old house and the lot it rests on is a tad over $2200. A 10% increase in appraisal value equates, roughly, to around $220.

If I were to take Mr. Beltran’s form of math, I should only see something around $75.

As some wag put it in a very old Book I read on a regular basis, “The Truth will out.” Come next years demands for property taxes, we’ll see if we will have cause for sending Mr. Beltran back to Ms Kennedy’s tender ministrations in the form of remedial education in arithmetic. Or maybe I could give him lessons in sadistics….