Mike Rozell ~ Realtor
First-Class Service | First-Class Results
www.FairwoodLifestyle.com
Posted on 09 April 2008 by mikerozell
Mike Rozell ~ Realtor
First-Class Service | First-Class Results
www.FairwoodLifestyle.com
[…] Green Living wrote an interesting post today onHere’s a quick excerptPoll: Community of Fairwood - Incorporation or Annexation? Posted on 09 April 2008 Mike Rozell ~ Realtor First-Class Service | First-Class Results www.FairwoodLifestyle.com annexation City of Fairwood City of Renton Community of Fairwood Fairwood Lifestyle Incorporation King County Comments (0) […]
April 14th, 2008 at 8:44 pm
I’m 100% in favor of incorporating into the City of Fairwood! The City of Renton is known for its bloated mismanagement of city funds and we know that our zoning density will increase if we become Renton (they favor the construction companies - because it generates more city revenue). I want to preserve the quiet, residential-style community of Fairwood “as is” and really don’t want to see us become another outlying, forgotten area of Renton (just look at the Renton Highlands to see the future of Fairwood). Renton is all about increasing its image as a “mover/shaker” city, but it’s always going to be at a lower level than Seattle, Bellevue and even Kent for that matter. The City of Fairwood is fiscally feasible (just look at Des Moines, Newcastle or Maple Valley as examples) and will most importantly give us LOCAL CONTROL over what happens with our community into the future.
May 27th, 2009 at 7:19 am
I am not so gung ho about our own city. Fairwood would be the smallest city in the county. The latest study only considered a ‘normal’ growth year and did not consider the current situation in our county, state, country. The primary source of revenue is and will be property taxes. We all must recognize the present assessments of homes are elevated and current market values for our homes are much less - in some cases 25% over-valued. When the new property assessments come out this year - there will be some normalization which will lower this revenue - this is the ‘normal’ situation we are in. So the 1.2 million in extra revenue as defined in the latest study will evaporate. Additionally, the study does not consider any of the start up costs - infact it mentions taking loans and credit to obtain cash on hand. The new ‘city’ will start in debt, will have less revenue than expected and will be forced to raise taxes to stay alive. Instead of looking at these other city examples, I would consider learning from Covington - and seeing their struggles. They have asked for tax increases which were voted down. The study also does not show any increased control of our tax money, but only reflects how we would barely maintain what we have today, by subcontracting out to our current providers or by needing to outsource to other cities or governments. How does that help to establish our ‘Fairwood Charactor’? By being an outsourced city? This all smells of something.