A Drastic 15% Property Tax Increase is NOT the Answer
Certainly, as all citizens and visitors will be using the services funded with the city’s “Edmond on the GO” Bond initiative, the onus should not lie solely with the homeowners to fund these projects by raising property taxes almost 15%.
Housing affordability and attainability are big hurdles for Edmond residents in the current climate. With higher interest rates, low inventory, increasing homeowner insurance expenses, and high property values, this bond initiative will be another blow to current and future property owners.
The bond initiative will create increased costs for ALL Edmond residents, including pass through price increases for renters, from local businesses, and again homeowners, who will pay increases on both their property and the costs of local goods and services.
The General Obligation Bond propositions will be on the November 5th General Election ballot for City of Edmond residents.
The GO Bonds will be listed separately, as:
You must Vote NO on ALL THREE propositions to STOP the Property Tax Increase!
Election Day is approaching fast, and only your vote can STOP this!
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