Looking at the Bright Side
You have probably heard the statement that “time is money.” Time is actually considerably more than money. Time is the most valuable commodity there is, and how it is used is what life is all about. Time cannot be stored, however, the benefits of how that time is used can be enjoyed, stored, shared, transferred or stolen. This ability to store, and transfer, the benefits of time is a fundamental principle that enabled the building of the universe, the creation of life, the evolution of man and the complex rise of civilization. Of course, this is where governments step in to collect their share. A government’s use of those benefits can amplify, or waste, those benefits, and governments are notoriously known to excel at both “Wasting” and “Amplifying” those benefits”.
So how does the City of Lake Geneva’s government stack up?
Does every tax dollar that the city takes from a residents get returned as a dollar’s worth of benefits, or does a portion of that dollar get siphoned off or wasted?
How much property tax money does the city collect from us?
- The city’s Total Tax Levy (our city property taxes) = $6,487,506.
- Number of Lake Geneva Households is approximately: 4,325 households
- Cost per household= about $ 1,500 per year
What do citizen’s get for the nearly seven million?
- City water and sewer? No, residents pay for that in water bills.
- Maintenance of roads and streets? No, the state gives the city $700,000 to do that.
- Shoveled sidewalks? No. Do it yourself.
- Riviera, Lake Front & Beach? No, the beach and lake front fees pay for that.
- Two hours of Free Parking? No, the parking meter fund pays for that.
- Beach Passes? No, there are beach fees for that, plus paying for a patch.
- 911 phone calls? No, even that’s paid for with an added tax on phone bills.
So what do we really get for paying our city property taxes?
- Cemetery
- Library
- Garbage pick-up, and limited leaf and brush pickup.
- Maintenance of city property and parks.
- Police service
- Fire service. Except for all those charges not included in the service provided.
Is Lake Geneva getting a square deal for the almost seven million dollars a year?
You must decide that.
More Looking on the Bright Side