Mayo Davidson said so during the Men’s Breakfast Club meeting on April 4, 2007.
Seems that he did not review the facts before making that statement. What do “facts” mean to Mayo? Not much apparently.
In a desperate attempt to recoup his lost credibility, Mayo calls me a liar?!
On April 11, 2007, my reference to the district’s own web site (link gone, see below) were enough to obliterate his feeble attempt to grandstand.
Mayo, if you can, remember to put your brain in gear before writing such elegent sounding, albeit libelous dribble. Mayo of all people, being such a super duper lawyer and all, should know about the consequences of your unchecked halucinations. We all know just how smart Mayo is, his law practice certainly is a testament to his intelligence.
And we wonder why the current LTISD Board of Trustees has credibility problems?
School property taxes have not DECREASED. The total tax rate fell from $1.8005 to $1.6186, but the increase in valuation has caused your taxes to INCREASE.
Mayo, I believe that the real facts prove your written statements to be “counter factual.”
The district’s own web site says:
“Based on the information in our “Notice of Public Meeting to Discuss Budget and Proposed Tax Rate” published in the Lake Travis View on August 10, 2006, the average taxable value of a residence in the district last year was $227,619. This year, the average taxable value of a residence is $262,153. The increase in value, along with the decrease in tax rate, will raise taxes by $144.93 this year for the average value homestead.”
Did you know that the district’s taxable base increased by 21.9% in 2006? See the following table of taxable valuations for the past four years.
| Year | Total Taxable Valuation | Percent Increase |
|---|---|---|
| 2003 |
$3,277,033,414
|
|
| 2004 |
$3,666,570,146
|
11.9%
|
| 2005 |
$3,939,619,790
|
7.4%
|
| 2006 |
$4,803,609,107
|
21.9%
|
Total Taxable Valuation Available to the LTISD
I think there are many of us who would like to know the answer to that question.
NOTE: I recently discovered that the link on the LTISD web site regarding the required Tax Notice is not longer available.
I wonder why?
Could it be that it proved Mayo wrong?
Well, I do keep a copy of the LTISD web site for just such emergencies.
Got to do all I can to help expose Mayo’s “terminological inexactitudes.”
See the text of their “required” Tax Notice below. I guess that it is no longer required to post the Tax Notice?
“Lake Travis ISD adopted a tax rate that will raise more taxes for maintenance and operations than last year’s rate. The tax rate will raise taxes for maintenance and operations on a $100,000 home by approximately $0.00.
The State Legislature has mandated the publication of this statement. The statement relates only to the maintenance and operations (M&O) portion of the tax rate. It does not address the debt service portion of the tax rate, nor does it address any change in taxable value of a home. The debt service rate is used for payment of bonds authorized by the voters of the district.
The Board of Trustees has adopted a total tax rate of $1.6186, of which $1.3700 is for M&O and $0.2486 is for debt service. The M&O rate is less than last year’s M&O rate of $1.5000. The debt service rate is also less than last year’s debt service rate of $0.3005. The 2006-07 M&O tax bill impact on a $100,000 value home decreased by $16.00.
Based on the information in our “Notice of Public Meeting to Discuss Budget and Proposed Tax Rate” published in the Lake Travis View on August 10, 2006, the average taxable value of a residence in the district last year was $227,619. This year, the average taxable value of a residence is $262,153. The increase in value, along with the decrease in tax rate, will raise taxes by $144.93 this year for the average value homestead.”
Source: LTISD Web Site, May 2007 (Link was made from this page but is now missing)
Did you know that one of the LTISD Board of Trustees says that I have cost the district over $2 Million dollars? »« Did you know that if you approve the bond your property value goes up?
