Proposed Bill To Compensate LV Cities With Many Tax-Exempt Properties

wfmz.com
Proposed bill would compensate areas, like the Lehigh Valley, with many tax-exempt properties "... the legislation would provide significant funding to Allentown....areas are host to large hospital and medical facility campuses."

COMMENTARY:
That's all fine and dandy but would it lower residents property taxes? Or will the cities just stash it as a windfall? I bet it would be the latter.

The problem I have it's taking money from state taxpayers and covering the costs associated with these tax-exempt properties. Yeah I know they're non profits.. SO AM I!

Wouldn't it be a much better idea to earmark this money towards lowering the private residents' taxes directly? This rather then dumping a chunk of cash into another government entity's piggy bank? We all know what happens when politicians get their hands on extra loot.

Every property owner can tell you what happened when we were promised casino revenue would go towards our school taxes. Instead of sending the money to property owners it was sent directly to the Allentown School District who, despite receiving this windfall, has raised taxes every single year.

Why would this outcome be any different!