“Our residents still pay among the lowest annual tax bills in Essex County.”
Quick … someone cue Mary Poppins, since my message today to Mayor Ted Bettencourt and the city councilors is this: The sugar’s starting to become a little bitter when it comes to helping the tax medicine go down.
Last night, the city council agreed to yet another increase on homeowners. This one was pretty similar to the last one, and they tell us the average residential tax bill will increase by “just” $94. But let’s be honest: Most of us will end up paying more.
What that means is, since 2001 annual tax bills have risen by more than 30%.
What’s most-disturbing about the latest residential tax increase is that it’s hard to justify why we need any increase at all right now. We hear how we need to pay for a lot of expensive things, including a much-needed new middle school, and the disastrous decision to help fund a Taj Mahal-like new regional vocational school in Danvers. But don’t be fooled by that: As a city, we have $13 million in free cash right now, some of which will be earmarked to help offset the cost of those projects. This latest increase will not be used to fund major projects.
This latest tax increase is coming your way because, to borrow the words of Ronald Reagan, “we don’t have a revenue problem, we have a spending problem.”
And it’s only going to get worse once we start chipping in at least $3 million annually so fewer than 160 of the more than 6,000 Peabody students can attend the new, ostentatious regional vocational school.
Starting next year, we’ll be not only funding a city budget and a Peabody school budget, but also a regional vocational budget, which will continue to increase each year. Clearly, it would have been a lot less expensive (and more Peabody kids would have benefited) had we revamped and funded our own voke program. We also would have retained control, rather than participating in what is quickly becoming an out-of-control hack-of-rama. That large sucking sound you hear is coming from Danvers, and it’s called MEGAVOKE! Can’t blame Bettencourt for this one, though, since he did vote against joining the voke district when he was a city councilor.
But I digress …
City spending increased $5.4M in 2013, but none of that increase was spent on major projects, such as the middle school or flood mitigation. A lot of it went to salaries, and new city jobs. In these times of financial insecurity, shouldn’t we be thinking austerity instead?
Clearly, there are things we need to pay for, and clearly this mayor inherited a lot of things within the city’s infrastructure that need to be fixed. But at this point, we also don’t see a plan for finding more revenue without putting an onerous burden on the backs of Peabody’s middle class taxpayers.
Where’s the plan to expand our commercial tax base?
Anyhow, here are all of the gory details in today’s Peabody Patch. The bottom-line is this: Your taxes are increasing again. Merry Christmas to all, and to all a good night.