Mugged by California DMV?

Bumpyroad wrote:

barmcd wrote:

Bumpyroad wrote:
the state is going to get whatever money is needed from some source. whether it is spent wisely is another discussion. when I considered Texas, the no income tax would about break even with the increased property tax I would have to pay, on IIRC a $250,000 home. that is unless some excessive MUD tax was also involved.

bumpy

It depends on where that $250K home is. We had a home appraised at $329K in San Antonio and paid over $7,500 property tax each year, most of it school tax. We moved to a small town in another county and have a house appraised at $250K and our property tax is only $4,100. Car registration is low, but sales tax is 8.25%. Like you say, state and local government has to get the money from some place.

a $250,000 house in san antonio should then have been about$5,600 tax? another factor in no state income tax is that income usually shrinks after retirement, etc., so the benefit is lessened but the property tax keeps going up. But the cost of housing, and I was looking at Lake Conroe, and Tiki Island, was a big savings over the right coast.

bumpy

You get a big difference in taxes across the city because there are about 17 different school districts in and around San Antonio. Each district charges a different rate per $100. We lived in San Antonio Independent School District and they had the maximum tax rate allowed by law. Other districts with a better tax base (higher appraisals) can charge a lower rate and bring in more income.