Florida Keys News
Wednesday, July 25, 2012
Key West likely to see a tax hike

Despite multiple references to "belt tightening" by city commissioners, Key West taxpayers will likely have to "bite the bullet," another phrase thrown around frequently at a Tuesday budget meeting, and prepare for a property tax hike.

And an increase in parking fees to boot.

Although commissioners originally thought they could avoid a tax increase for pr...

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Get your Mind Right

When Cuba opens Key West will shrivel up as cruise ships head to Havana. But since city managers would never consider cutting back on spending on themselves and keep raising taxes, all that will be left is city employees and guess what, the math won't work. The lights will be out long before the last one leaves.

City Budget

No one seems to understand that to maintain the general services (Police/Fire/Parks/Lighting at Sports Fields etc) the City has to pay for each one. This means revenue increases. Increase the tax and then ask everyone if they are happy. As for parking charge to park everywhere, not a lot of money but every space on any public right of way has a value

I don't think anyone says that Police and Fire are not required.

I believe what we are all saying is that they are not being handled efficiently, are over-paying for outrageous retirement packages that are not realistic in this day and age. Just because they (or their unions) DEMAND a raise doesn't mean there's money to give them one. They are employees of the taxpayers and deserve no more than the taxpayers have for themselves when it comes to benefits.

Pension

The City's retirement contribution to the Police and Fire account is 28% this year....when is the City going to change this plan to a defined contribution not a defined benefit as it is now!!

It's Really Much Much Worse

Key West and Monroe County (like the state of Florida) currently assumes that its pension system will return 7.75 percent annually.

But private pension plans can only assume at 5-6 percent rate of return currently- approximately the same rate of return that corporate bonds get historically

Safe rates of return are substantially smaller than those projected by the city, county and state.

Consequently, the pension shortfalls will be that much greater, because these pension and health and welfare funds don’t realize those unrealistically high rates of return.

The reported liabilities are understated by a factor of two or three times by using an optimistically high rate of return .

and this fraud/deceit and incompetence is soon all going to come crashing down on the taxpayers

I don't understand

Somebody can explain how is possible the Monroe County Business Tax Receipt worth only $30.00 at year and Key West Business Tax Receipt worth $370.00 in the same period of time?

Just skimming the paper the past few days, I see a lot of

craziness.

(1) I see Firefighters and Sheriff's Dept wanting raises when of course, there is no money, the economy is still tanked and their employers, the taxpayers, haven't received raises in the private sector in many years. (Yes, it's the county but we still pay).

(2) I see the homeless services people expecting working taxpayers to pay for those who will not and do not work.

(3) I see the city blowing away income when they don't even ticket for illegal parking (i.e. parking in residential places) YET they are wanting to increase parking rates at meters.

(4) I see the price for city manager will go up, yet there are still the two 'assistants' that Scholl just HAD to have just to do HIS job, where there was only one previously.

(5) I see tax increases for homeowners on the horizon.

(6) I see the KWPD allowing continued dangerous illegal bicycling behavior without ticketing - more loss of income and danger to all.

I think most people are not against some tax hikes, but the biggest insult is that these tax hikes often go to fund public employees and their unions, who are not appreciative and are even rude to those who pay their salaries. It would appear that the people who work for us need to realize that they're lucky to even HAVE jobs, and that it's time to actually do their jobs and stop whining and begging for more. And it's time that the city's and county's leadership start acting responsibly.

MO

VE.........

TR

OLL....

City Pension Plans.

The City needs the to look at the exorbant benefits in the City pension plans, they are ridiculous to the point that they are severly underfunded and that is what is costing the City a lot of TAXPAYER'S money to fund these ridiculous pension plan benefits.Don't abuse the TAXPAYER'S money.

I agree on that. When city and county employees can retire and

make more than they did when they were actually providing a service, there is something seriously wrong. Time for those people to step into reality.

More Tax Hikes, YES!!

Yeah, we have to pay higher taxes to support the $500,000 the Homeless shelter just asked for. Why don't we make the entire FLorida Keys a homeless shelter and an ask the rest of the country to send us money down here so none of us have to work?? I'll be the Leader of the group and I'll ask not for millions but hundreds of millions of dollars to support us!! Then we can all live the good life in the Keys!

Cruise Ship Activity Tax....


Those companies servicing the cruise lines pay NO sales/service tax to the city. WHY? Tens of thousands buy a ticket on the ship and pay no service/sales tax. Why isn't their a tax collected from these services?

OR why isn't there a tax created - Fury paying only $3000 a year for license to stick an iceberg on the water - CALL HARC...this ain't natural. Per person tax for bottom rights as each person "uses" the water there.

I don't understand

The Business tax receipt to can work in Monroe county worth just $20.00 and the business tax receipt to work in Key West City worth $300.00. Can somebody explain this huge difference?

Outrageous! Not even a

Outrageous! Not even a pretense of trying to make budget cuts. No discussion of options like a 25 cent fee on drinks. No, just raise the milage rate and move on. If this increase is passed it will NEVER be reduced again. This is unacceptable during these economic times. How about raising cruise ship fees? How about a $5 surcharge on all Fantasy Fest events? How about charging HTA for all the public property they use for free? How about cutting back on wages or benefits modestly? How about having one City Manager like we always did rather then three. There are plenty of ways to cut the budget the average citizen would not even notice. It is easier to raise taxes. Once this happens you can be sure the County, mosquito control and The School District will not be far behind.

MO

VE

TR

OLL

all commissioners voted for the meter increase

They should all be voted out of office. You are disgusting. Why don't the citizens of KW have any say about this. Seems like with the great tourist season last year the hotels made money...why not add another 1/2 percent tax on that that goes straight to the city. $2.00 per hour SUCKS and will keep us locals from downtown. 33% tax increase on parking. Does these commissioners ever do anything that will please the locals. VOTE THEM ALL OUT

Thanks a lot Last Stand

Now that the Last Standers have successfully rolled up the bridges, so the Keys are like they were when they retired and moved down here, we get to carry the tax burden. If these retired bourgious-socialist doctors, lawyers and trustafarians want to diminish our tax base by stealing private property rights, let them pay for the increase. They`re actions are killing the working class.

How refreshing.

Another being Got it....
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