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HomeMy WebLinkAbout07-01-22 Public Comment - T. Wells - Budget Increase of 9.92%From:Tom Wells To:Agenda Subject:Budget Increase of 9.92% Date:Friday, July 1, 2022 8:47:03 AM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. I read in the Chronicle that the new budget had been approved with an increase of 9.92% and that the Proposition 13 like initiative failed this year. The commission has shown admirable regard for low income wage earners as we have seen rapid property inflation but the commissioners are ignoring those of us who are homeowners in the middle. We are at risk of being taxed out of our homes. A 9.92% increase demonstrates disregard for those of us who have been here for many years. We will be forced to sell our homes due to taxes that increase at annual double digit rates. This will leave a hollowed out Bozeman of lower to low middle income earners and the very wealthy. Please show respect for those of us who have worked, lived and raised our families here so that we can remain for our retirements. Please keep tax increases lower. Blaming it on inflation alone is insufficient. We are all facing inflation. The alternative is a Bozeman that has lost its middle and is likely to see a Property Tax Cap Initiative passed. Tom Wells 623 S 3rd Ave.