Thanks reader Bartman.......
As expected, Schaumburg trustees voted unanimously Tuesday night to impose the village's first property tax, adding about $252 to the tax bill for a home with an equalized assessed value of $50,000.
The vote left both residents and officials frustrated.
"I have no say-so in what you do with that money, I never did," said resident Joe Librizzi, one of eight residents from a crowd of 50 that spoke against the new tax.
Librizzi said the village's financial problems are, "just mismanagement of money," adding that officials were wrong to expect homeowners to bail them out.
"It's not fair -- it's not right," Librizzi said.
Officials counter that the prolonged recession has slashed the revenues the village has always relied on -- income and sales taxes -- at the same time costs for personnel, pensions and street repairs keep rising -- despite continuing cost-cutting efforts.
This is the thing that cracks me up about politicians, what does the average Joe do when their costs go up, like taxes? Who do they get to pass that cost on to; "despite continuing cost-cutting efforts"? But when it's a government, they just pass the costs right along.
Boy, I'm scratching my head wondering why revenue continues to drop.