While the average resident will see around a
Robertson, a real estate investor outside of
Still, Robertson has publicly advocated for the increase.
"We've heard every candidate talk about debt, infrastructure and taking care of what we've got, but I'll tell you we can't do that on current revenue," he previously said.
Some city leaders have attributed deteriorating city infrastructure in recent years in part to relatively low property tax rates in recent decades.
The property tax was
While many city leaders favor a possible increase, they each said they don't factor their personal finances in.
It's about what is best for the city, said Councilman
As his birthday inches closer and the Over 65 tax exemption is within reach, Gerlt said it would be in his best interest to not just vote against a higher tax rate, but vote to lower taxes altogether. Residents 65 or older can qualify for additional exemption deductions and receive a tax ceiling, according to information provided by the
Still, Gerlt made the motion that capped a property tax increase at
"The thing that people need to understand is that commodities get more expensive for the city too," he said. "City streets get torn up, they don't last forever and everything is going up. I don't understand why people don't understand that you can't keep the same tax rate that you had back in the early '50s and '60s and expect a 2014 budget to be the same."
Follow Stevie on Twitter
(c)2014 the Lubbock Avalanche-Journal (Lubbock, Texas)
Visit the Lubbock Avalanche-Journal (Lubbock, Texas) at www.lubbockonline.com
Distributed by MCT Information Services