Sahwa@reddthat.com to Not The Onion@lemmy.worldEnglish · 29 days agoOklahoma Town Faces 75% Property Tax Hike To Cover Sexual Abuse Settlementwww.newsweek.comexternal-linkmessage-square151fedilinkarrow-up1606arrow-down15
arrow-up1601arrow-down1external-linkOklahoma Town Faces 75% Property Tax Hike To Cover Sexual Abuse Settlementwww.newsweek.comSahwa@reddthat.com to Not The Onion@lemmy.worldEnglish · 29 days agomessage-square151fedilink
minus-squareMangoCats@feddit.itlinkfedilinkEnglisharrow-up16·29 days agoThis is a case of FAFO: the school system took on huge liability (in payment of the judgement) and the school system is funded by property taxes.
minus-squareColeSloth@discuss.tchncs.delinkfedilinkEnglisharrow-up6·29 days agoI get that, but every time the school district in my area wants more money it gets voted on for a property tax increase.
minus-squareMangoCats@feddit.itlinkfedilinkEnglisharrow-up2·29 days agoThose would be optional, before the expense, votes for the choice to spend the money or not. This is a case of necessity, they’ll be in violation of various laws and judgement decrees if they don’t raise the money.
minus-squareTrainguyrom@reddthat.comlinkfedilinkEnglisharrow-up2·28 days agoAlso the city was clearly woefully underinsured with only $1m liability coverage. Most cities should have 10-100x that these days
This is a case of FAFO: the school system took on huge liability (in payment of the judgement) and the school system is funded by property taxes.
I get that, but every time the school district in my area wants more money it gets voted on for a property tax increase.
Those would be optional, before the expense, votes for the choice to spend the money or not.
This is a case of necessity, they’ll be in violation of various laws and judgement decrees if they don’t raise the money.
Also the city was clearly woefully underinsured with only $1m liability coverage. Most cities should have 10-100x that these days