Let the People Pay in Coral Gables

The Mayor has an important message.

There is a principle in public finance called “benefits received,” in which people who get the benefits should pay the full costs.

We should pay not only the true cost of parking, but the cost of refuse and solid waste collection, using the swimming pool, playing golf and tennis, using the highways, using the parks, using the hotel or restaurant, using water to irrigate our lawns, etc.  Taxpayers should not have to subsidize their neighbors.

Of course, as a community, we must pay for social safety nets and other social benefits and common or public goods like fire and police protection that benefit the entire community, as well as the individual.

We don’t want firefighters to be checking to see if we paid the fire fee before putting out the flames, since our neighbors also benefit by putting out the fire.  Some of the cost may be paid, for example, for fire fees and emergency ambulance services, but their should be a limit to this.

“In this new age of challenged tax revenue, the fact is people keep yelling they want cities to act like businesses,” said Donald Slesnick, mayor of Coral Gables, where starting Monday drivers must pay for an extra two hours of metered parking as well as on Sundays. “We’re starting to act more like a business in terms of pay as you go.”

via Pay as you stop: Parking costs going up – Miami-Dade – MiamiHerald.com.

Mayor Alvarez has Key Supporter–the Miami Dolphins

We were all waiting with great interest, and finally with some astonishment, to hear the opinion of the Dolphins on us paying more taxes in Miami-Dade.  Yes, we need yet another professional team feeding at the trough of public subsidies with our tax money.

“I don’t think a recall effort is going to move the county forward,” team CEO Mike Dee told a meeting of the Coconut Grove Chamber of Commerce at Monty’s restaurant on Biscayne Bay.

“We need to work together to find solutions. It’s easy to point out problems.”

The Dolphins would need County Commission backing to fund a partial roof and added seats for the team’s stadium — a proposal the Dolphins floated earlier this year. Under that plan, Florida’s Legislature would change state law to allow commissioners to raise Miami-Dade’s hotel tax from 6 to 7 percent. Earlier this year, Alvarez said he opposes such a plan.

via Norman Braman’s drive to recall Miami-Dade County Mayor Carlos Alvarez gains supporters – Miami-Dade – MiamiHerald.com.

Real Estate Taxes Higher Relative to Income in FL and Miami-Dade

See a major study on real estate taxes across 50 states .  While Florida does not seem to bad, information shows that real estate taxes are relatively higher as a share of median income in Florida compared to other states.  It is even worse for Miami-Dade Country (presented later).

The median property tax paid on a home in Florida was $1,773.00, ranking it at No. 23. New Jersey homeowners paid $6,579.00; in Louisiana, the median homeowner paid only $243.00. The median property tax paid nationwide was $1,917.00.

As a percentage of the home’s value, Florida ranked No. 22 based on a median home price of $182,400. New Jersey again ranked No. 1 based on a median price of $348,300, while Louisiana’s median home value was $135,400. The national median home value used for the study was $185,200.

Using a percentage of homeowner’s income, Florida ranked No. 18 based on a median of $53,595.00 per household. New Jersey’s median income was $88,343.00, while Louisiana homeowners made $50,545.00. The national median income was $63,306.00.

via State Real Estate Taxes: Florida in Middle of the Pack | Southwest Florida Blog.

What Think the Candidates? (Part 2)

The taxpayers of Coral Gables are still waiting for the views on the city’s budget, taxes, spending, salaries and pensions of numerous candidates for city office of commissioner or mayor .

Must we assume for now that they are all complacent about of the budget and associated taxes?