Used to be selling your land to the government was a break-even proposition — you got what the government valued it at, or else. But the Austin City Council is much more progressive than that since, after all, it’s not their money. In looking to build a new water treatment plant (not exactly a tourist attraction), the city found land that they valued at $28 million. The owners said it was worth $39 million. The land was on the tax rolls for $5.8 million. So, of course, taxpayers are coughing up $32 million.
Taxpayers Got Hosed
Used to be selling your land to the government was a break-even proposition — you got what the government valued it at, or else. But the Austin City Council is much more progressive than that since, after all, it’s not their money. In looking to build a new water treatment plant (not exactly a tourist attraction), the city found land that they valued at $28 million. The owners said it was worth $39 million. The land was on the tax rolls for $5.8 million. So, of course, taxpayers are coughing up $32 million.
RELATED POSTS
School Bonds Fail as ‘Vote No’ Campaigns Succeed
Voters defeated school bonds in Big Spring and Granbury, where residents organized campaigns against the property tax-backed debt proposals.
North Texas Voters Pass 9 of 10 Biggest City Bond Propositions in the State
Five of the 10 most expensive city bond propositions were in Dallas.
How One School District Disobeyed a Mother, Encouraged a Trans Delusion
As Emelie Schmidt struggled with gender dysphoria, Port Neches-Groves ISD threw gasoline on the fire.
5/3/24 Democrat Congressman INDICTED for Bribery
- US Rep. Henry Cuellar was indicted on bribery, money laundering, and foreign influence charges. - Thousands of illegal aliens have been flown into Texas airports. - US Rep. Pfluger preparing measure to strip Federal Education funding from convicted rioters.