Tag: appraisal

LEDC Apparently Smoking Weed Now. Values “Business Pork” Land at $130,000 Per Acre.

I’m thinking that maybe the Business Park has been transformed into a Trailer Park and Bubbles is now in charge of everything…

That’s the only conclusion I can draw when the LEDC claims their land is now worth $130,000 per acre.

$520,000 divided by 4 give us $130,000.

I guess that means the Industrial Park over on 580 is worth over $700,000! That would be the Industrial Park that STILL sits empty despite us being told almost a year ago that Martin Custom & Rod was about to move in there and build a distillery and barber shop.

LOL. I’m sorry. I can never type those words without laughing my balls off. Maybe they were smoking the same shit last year when they came up with that one.

Just to give you an idea how ludicrous that valuation is, Mike Cour (Eco-Strong scumbag) tried to sell HIS 199 acres just a spit down the street from the Business Pork. He listed it at $6 million ($30k per acre), a pending sale fell through, he re-listed it at $5 million ($25k per acre) and it still sits there unsold.

That was about six months ago. Interest rates have done nothing but go up since then and land prices have cooled considerably. Forget about $130,000 per acre.

Now, land is eventually worth exactly what someone will pay for it – not a penny more. Perhaps some incredibly stupid Arab or Chinaman will come along and pay those prices, but I wouldn’t bet on it.

At those prices, the entire Business Pork is now worth between $19 million and $21 million, depending on who you believe when it comes to the actual acreage out there.

To which I say, it’s the weekend! Save me a toke!!

Hey, save me a toke!

Overpaid Parasites Want 4.4% Raise. Will Be Even More Overpaid.

From today’s Lampasas Dispatch:

Notice of Public Hearing on Lampasas Central Appraisal District Budget

The Lampasas Central Appraisal District will hold a public hearing on a proposed budget for the 2020 fiscal year.

The public hearing will be held June 20th at 4:00pm at 109 East Fifth Street, Lampasas Texas. A summary of the appraisal district follows:

Total amount of proposed budget: $557,116

Total amount of increase over current budget: $19,229

Number of employees compensated under the proposed budget: 7

If approved by the appraisal district board of directors at the public hearing, this proposed budget will take effect automatically unless disapproved by the governing bodies of the county, school districts, cities and towns served by the appraisal district.

[End notice]

The new budget proposes $285,000 in salaries versus last year’s $273,000. Of course, in 2017 the salaries were $227,000 – so we see a 20% increase in 3 years (6.8% salary increase per year, on average).

The “Chief Appraiser” wants a 2020 salary of $75,177…PLUS benefits of another $13,023 ($5,262 for retirement and $7,761 for health care) – for a grand total of OVER EIGHTY-EIGHT THOUSAND DOLLARS cost to the taxpayer every single year…and it will only go up from here.

So we learn a few things here:

  1. These parasites want a 4.4% raise this year – despite the fact they create nothing and produce nothing.
  2. These parasites will ask for your opinion on the matter at 4pm on a work day…when productive citizens are at their private-sector jobs, earning the very funds the parasites want to steal.
  3. The City of Lampasas (I assume City council?) has the power to “disapprove” this proposed budget. Will they? [*update* – I am told they do not. Oh well…this will be approved. Taxpayer soaked again]
  4. Somehow, the county appraisers are able to get by on $7,761 per year in health benefits, while the average City Hall benefit is nearly twice that (anywhere from $11,000 to $14,000).

So here we have some of these parasites earning over $80,000 in a town where over 51% of residents have “low to moderate income”. How do I know that over 51% of Lampasas residents have “low to moderate income”? Because Assistant City Manager Gary Cox inadvertently told us so last week.

You see, Gary applied for a $500,000 grant with the Texas Department of Agriculture recently. The money would come from the Fire, Ambulance and Services Truck (FAST) Fund. It is money to replace a fire truck. In order to qualify for the grant, more than 51% of the city’s residents must have low to moderate income.

So, we have over half the city being described as “low to moderate income” and at the same time, these appraisal district parasites think they deserve a 4.4% raise. That sounds pretty outrageous to me. It would be nice if City Council sent a message and voted against this increase….but something tells me that won’t happen with the drunken sailors in charge.