High special land sales impact property taxes and development costs
Recently land sales indicate an astounding rise in South Central S. D. But, what impact in the local areas who do not benefit from the sales but are saddled with potential services for the invaders.
If rural development tourism, Pheasant hunting, prairie dog hunting, and calf/cattle feeding projects begin what will be the tax on the local township owners and OPERATORS of the land?
In the past a cattle feeding opeation had the local township road graded and graveled and that was paid out of township funds (tax) The recent building of an alcohol plant at Mitchell area in the rural area pojected just under a million dollar project to build a road heavy enough for the corn hauling. If the rural area have bed, booze, breakfast places that tax is not credited to the touwnship where it is situated.
The tax should go to where the burden falls. A sales tax on the real estate? Or a return where the tax is collected? Our County has hired an economic development person. Where will ecomomic development occur and will their operation contribute to a burden on the local township?. Township business is mainly ROADS. In our township about $800 is returned for the roads out of pheasant or hunting funds. What about the investment persons who bids the land beyond its farming or ranching ability. Maybe a use tax on land. Money retained in the township where it is located to be spent for roads or schools?
The rural folks are paying city sales tax at half the sales tax the State does. Eventually the cities will swarm with jogging around circles, pools to wiggle in or event centers, sports centers that collect more and more dollars. The Roman Empire idea of bread and circus will pacify the citizens. It is occuring in Rapid City and Soo Falls and even Mitchell. Who will bell the cats> Who will raise the food, or will big Box farms (Super Wall'Marts) and ranches be owned by foreign bonds
If rural development tourism, Pheasant hunting, prairie dog hunting, and calf/cattle feeding projects begin what will be the tax on the local township owners and OPERATORS of the land?
In the past a cattle feeding opeation had the local township road graded and graveled and that was paid out of township funds (tax) The recent building of an alcohol plant at Mitchell area in the rural area pojected just under a million dollar project to build a road heavy enough for the corn hauling. If the rural area have bed, booze, breakfast places that tax is not credited to the touwnship where it is situated.
The tax should go to where the burden falls. A sales tax on the real estate? Or a return where the tax is collected? Our County has hired an economic development person. Where will ecomomic development occur and will their operation contribute to a burden on the local township?. Township business is mainly ROADS. In our township about $800 is returned for the roads out of pheasant or hunting funds. What about the investment persons who bids the land beyond its farming or ranching ability. Maybe a use tax on land. Money retained in the township where it is located to be spent for roads or schools?
The rural folks are paying city sales tax at half the sales tax the State does. Eventually the cities will swarm with jogging around circles, pools to wiggle in or event centers, sports centers that collect more and more dollars. The Roman Empire idea of bread and circus will pacify the citizens. It is occuring in Rapid City and Soo Falls and even Mitchell. Who will bell the cats> Who will raise the food, or will big Box farms (Super Wall'Marts) and ranches be owned by foreign bonds
Labels: economic development, land sales, sd, taxes
posted by Lowdon @ 4/08/2007 09:46:00 PM
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