By Clint Parker
Far be it from me to support an increase in taxes. I like my taxes nice and low, hence the reason I live in Madison County outside the limits of any incorporated town.
However, if you’re going to live in a town, you have to pay for the administration and amenities that you receive as a resident of that town. Along with the things you vote for too.
Several years ago the town residents of Woodfin voted themselves a nice five-cent increase in property taxes. As a Woodfin resident, you might not remember doing it, but you did. It was called a referendum, and it was for the Blueway/Greenway project.
Last week, the chickens came home to roost when the aldermen of the town voted to increase the property taxes from 28 cents per hundred dollars in property value to 33 cents to pay for the Blueway/Greenway project. If you’re not familiar with the term, “the chickens come home to roost,” it means the bill has come due or you reap what you sow.
Indeed, the voters voted for the five cents, which in my humble opinion was just a start of what tax increase the Town of Woodfin really needed. They could have done with another five cents to pay for the town growth and need for additional administration. Woodfin residents have enjoyed one of the lowest tax rates of a municipality in the area.
However, at some point, the town will have to stop dipping into its rainy day fund in order to close the gap between revenue and expenditures. They will have to increase the property tax or aldermen will wait for a property re-evaluation because it’s for sure the value of the property is going up. Either way, the chickens will eventually come home to roost.