To continue the thread hijacking, our property taxes have DOUBLED since 2010 when we were forecebly annexed by Carmel. The property value has remained the same.
Per Capita debt in Carmel is about $11,000. The national Per Capita debt is about $56,000. Draw your own conclussions.
forcibly annexed because Carmel got tired of providing welfare to said annexed areas.
Educate me, how so ?????
Public services.... Specifically ALL the police runs in those areas. They wouldn't call county, they'd call us. And when we told them to call county, they'd ***** and moan about response times. Even for places we haven't annexed, like Homeplace, if I'm in a nearby district, about 1/4 of my runs are there.
forcibly annexed because Carmel got tired of providing welfare to said annexed areas.
To continue the thread hijacking, our property taxes have DOUBLED since 2010 when we were forecebly annexed by Carmel. The property value has remained the same.
Per Capita debt in Carmel is about $11,000. The national Per Capita debt is about $56,000. Draw your own conclussions.
What is the topic of this thread again?
Carmel's debt has purchased things that directly affect my life every day.
Color me confused. Businesses do want to come to Carmel. Always have. Subsidizing with TIF money - which also means less money for the schools and other taxing authorities - doesn't make sense. Perhaps there was a time for it, but spending all the TIF revenue on new stuff, without a plan to pay for maintenance, is unsustainable.As long as businesses want to locate in Carmel, tax income should cover it.
People decide how much debt to take on, and can typically downsize if necessary. A metric ****ton of debt was taken on without the Council approval. And, the things the city spent the money on (a million dollars for Palladium landscaping? The brick facade of the Shapiro building?) are illiquid.And, most people have debt that amounts to several multiples of their annual income and probably exceeds their net worth. But that's OK, while Carmel's isn't?
What is the topic of this thread again?
Any one know if they sell AR lower receivers? I have been meaning to swing by but life has been getting in the way
Any one know if they sell AR lower receivers? I have been meaning to swing by but life has been getting in the way
We will. Don't have any in yet.
Unless you work in the Palladium, City Center, or the A&DD, this isn't true. (Well, if you work at Pedcor, then it is true, too.) The debt has not gone to infrastructure maintenance. It has built new roads, but does not pay to maintain them.
Color me confused. Businesses do want to come to Carmel. Always have. Subsidizing with TIF money - which also means less money for the schools and other taxing authorities - doesn't make sense. Perhaps there was a time for it, but spending all the TIF revenue on new stuff, without a plan to pay for maintenance, is unsustainable.
People decide how much debt to take on, and can typically downsize if necessary. A metric ****ton of debt was taken on without the Council approval. And, the things the city spent the money on (a million dollars for Palladium landscaping? The brick facade of the Shapiro building?) are illiquid.
To bring this around to the topic, Point Blank came to Carmel because it is a great place to have a business. They did not need a subsidy (although I believe they are in a TIF district, so they will contribute to all the new shiny stuff).
I predict that will be the most profitable gun range east of the Mississippi. Without help from the CRC.