Analysis of 6 Year Trend in Taxes

 

 

 6 Year Increase

 

 Comments

 

 

 

 

County

10.6%

The 6 year tax increase is very similar to the inflation rate

BCUA

 

-30.5%

This tax dropped for several years but had a big increase in 2001

City

 

9.2%

The 6 year tax increase is very similar to the inflation rate

School

20.4%

The school budget had a very large increase in 1998 and significant increases in every other year. These increases are much higher than the inflation rate. Since there was no increase in enrollment, we are now spending about 10% more per student after adjusting for inflation. The real issue is are we spending this money properly.

 

 

 

 

City of Englewood 6 Year Tax History & Analysis

 

Year

School

City

BCUA

County

Total

 

1995

24,531,844

23,419,956

2,714,671

5,387,190

56,053,661

 

1996

25,225,656

23,406,187

2,636,880

5,542,530

56,811,253

 

1997

25,603,170

24,061,666

1,962,159

5,112,044

56,739,039

 

1998

27,649,781

24,779,574

1,698,510

5,351,078

59,478,943

 

1999

28,191,317

25,352,305

1,986,448

5,385,064

60,915,134

 

2000

28,832,527

25,708,524

1,748,768

5,683,002

61,972,821

 

2001

29,535,640

25,564,825

1,886,569

5,956,530

62,943,560

 

 

 

 

 

 

 

 

Yearly % Increase - Total Taxes

From

To

 

 

 

 

 

1995

1996

2.8%

-0.1%

-2.9%

2.9%

1.4%

1996

1997

1.5%

2.8%

-25.6%

-7.8%

-0.1%

1997

1998

8.0%

3.0%

-13.4%

4.7%

4.8%

1998

1999

2.0%

2.3%

17.0%

0.6%

2.4%

1999

2000

2.3%

1.4%

-12.0%

5.5%

1.7%

2000

2001

2.4%

-0.6%

7.9%

4.8%

1.6%

6 year total

20.4%

9.2%

-30.5%

10.6%

12.3%

 

We thank Paul Reynault for this analysis.