In late 2000 I bought 14 acre piece of property that I was going to build a 2400sqft home on. Bush got in and I held off. Thank God I waited. I'm still living in the 1300sqft on 3 acre home we raised three kids in.
Right now I have lived here 41 years. I still owe a little less than 1/2 of what I paid for it. The field is paid off.
Between the two pieces of property I pay an additional $350 a month in taxes. I rent out the field to a local farmer to help pay the taxes. Notice I said help. Every fall the farmer gives me a check for $1,000. It doesn't even cover the taxes on the field. Not to mention Joe taxes that $1,000 as income
Do the math. $350 a month x 12 = $4,200 a year.
If you extrapolate that to the population of the nearby village of 117 families (2000 census data) you get $491,400.
The math at the township level of 1,114 families (2000 census data) you get $4,678,800. That is a yearly income to the township.
Where does all that money go?
I challenge you to run the numbers on your community
and still we drive on horrible roads and pay schooling for those that don't bare the burden. We face additional millages for jails and schools. Many of our first responders are volunteer and we pay extra for an ambulance ride.
In late 2000 I bought 14 acre piece of property that I was going to build a 2400sqft home on. Bush got in and I held off. Thank God I waited. I'm still living in the 1300sqft on 3 acre home we raised three kids in. Right now I have lived here 41 years. I still owe a little less than 1/2 of what I paid for it. The field is paid off. Between the two pieces of property I pay an additional $350 a month in taxes. I rent out the field to a local farmer to help pay the taxes. Notice I said help. Every fall the farmer gives me a check for $1,000. It doesn't even cover the taxes on the field. Not to mention Joe taxes that $1,000 as income Do the math. $350 a month x 12 = $4,200 a year. If you extrapolate that to the population of the nearby village of 117 families (2000 census data) you get $491,400. The math at the township level of 1,114 families (2000 census data) you get $4,678,800. That is a yearly income to the township.