ZC welcomes tips and inside information
Zionsville Confidential wants to hear from any members of the public concerning tips, inside information or anything you think the site needs to cover.
E-mail zionsvilleconfidential@gmail.com. You do not need to provide a name or any contact information, though that is your option.
Any personal information you do give will not be shared unless you specifically ask that it be public.
Thursday, August 26, 2010
Plans Hit a Traffic Jam
Sunday, August 22, 2010
Going For Broke
The Mulberry Street Gang is betting on the come the referendum is a done deal.
So, confident is the Zionsville School Corp. that the referendum tax will pass in November that $5.8 million of the first year's proceeds from the tax was included in the 2011 budget, which the Zionsville school board has on its agenda again at Monday night's meeting (8-23)! Page 8 in the budget shows a line item for "referendum fund" with $5.84 million in it. ZCS apparently feels like they are playing with the house's money because, "The Referendum Fund, if the operating referendum is approved, will also be included in future years." (page 10.) Isn't it grand to play with O.P.M.?
But, perhaps the Robison administration should make some side bets, just as insurance.
It must be in the cards that the referendum will be protested. The 2011 budget is being challenged by a group of local residents, with more than the required number of signatures.
A devoted and die-hard group of anti-tax folks has formed a committee - Zionsville Taxpayers for Responsible Education - to do battle with the Zionsville Community Schools PAC, ZCS Yes. The ZTRE is currently soliciting contributions through a post office box - Zionsville Taxpayers for Responsible Education, P.O. Box 93, Zionsville 46077.
And, from the sounds of the cash register, the money is rolling in - and the group is only two weeks old. But with $5.8 million a year on the table, expect Robison to scramble for his trump card.
David Drexel's money is on the underdog.
Sunday, August 8, 2010
Let Them Eat Pizza
But not so in apathetic Zionsville.
When asked how much the $42 million November referendum tax will cost Zionsville taxpayers, the school superintendent Scott Robison quipped:
"About the same price as a piece of pizza a day.''
At $5,850,000 a year for 7 years, make mine double sausage, double cheese please.
Where is the public outcry that will cost Zionsville property owners millions to pay off the School Board's humongous boondoggle of a new sports complex, new football stadium? All that and a multi-million dollar school sitting vacant.
The famous line from the school's financial guru Mike Shafer was that the empty school is being held in "strategic reserve.''
Are we in Kansas yet Toto?
And if residential property owners are not concerned yet, Main Street should be doubly worried because it will shoulder the greater weight of the referendum tax than a residential property of equal value.
Commercial properties, unlike residential ones, are not eligible for deductions for mortgages and homestead exemptions which add up, meaning that Zionsville businesses will have to cough-up almost three times that of the residential properties.
In a letter to the editor in this week's Zionsville Times-Sentinel, Peter Heles of Zionsville writes:
``There are approximately 50 parcels of commercial real estate on Main Street. The average gross assessed value of these properties is $485,000 based on the March 1, 2009 assessment. That means, on average, a commercial property owner on Main Street will pay an additional $10,015 for the seven year referendum tax.''
Heles is worried, as all Zionsville should be, that as hard as shopkeepers are trying to survive in the economic downturn, and in addition to increases in property taxes owing to the reassessments of the past few years, this new tax could cause some to shut their doors.
Pass the pizza.