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When Cynthia Miller went house shopping in 1997, she knew one thing: She didnt want to live in La Crosse.
Her grandmother lived on 19th Street on the South Side, and while Miller liked the neighborhoods, the houses were older and the taxes high -- more than $2,000 a year.
We wanted to be able to have a nice house and still be able to do things, Miller said. If we would have bought a $60,000 house in La Crosse, our taxes would have been almost as much as the house payment.
Its a common refrain about the city: Property taxes are high.
And they are.
The city has one of the highest property tax rates in the state, running 35 to 60 percent higher than in some surrounding communities. On a median priced home -- valued at $154,000 -- that can add up to an extra $1,700 a year in property taxes.
But a new report (and online calculator)shows it can be just as expensive -- if not more so -- to live in suburban and rural communities, where hidden costs from septic systems and wells to trash collection and higher insurance rates -- offset much of the tax savings. For those commuting every day to work, fuel bills can burn through the rest.
You need to look at the whole picture, said Karl Green, an associate professor with UW Extension and the author of the study.
Green said the study grew out of a 2009 report he did on the challenges an older housing stock presented the city of La Crosse. As he went around the county presenting his findings, Green asked people if they lived in the city, and if not, why.
The predominant response I got was taxes, he said. It started me thinking theres more to it than just that.
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Study shows hidden costs erase tax savings in rural, suburban communities
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NJ Bathroom Remodelers | NJ Tristate Remodelers
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2014 Kitchen and Bathroom Remodeling Trends-Kitchen Kraft
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(5) Bathroom Designs 1.500 Photos Images Decoration Ideas
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The D.I.Y. Holy Grail For Bathroom Remodeling!
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Endorsement of Contractor Josh Curtis | general contractor
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Five Top Bathroom Remodeling Trends for 2014
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By: Kheila Warden
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Bathroom Remodeling Matney NC | Room Additons | New Construction Custom Home Builder - (100%
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By: Frances Hill
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Elevation Church plans to open a new, 1,200-seat campus in University Citys Innovation Park the former IBM headquarters by Easter 2015.
Elevations decision to build in the University area was disclosed in a new audit of the churchs 2013 finances the first one Elevation has ever made publicly available.
Other details in the audit revealed that a total of $13,000 was paid to some church board members for speaking at Elevation events.
Elevation, one of the countrys fastest-growing churches, just opened a $10.5 million campus in the Lake Norman area its ninth Charlotte-area site in January.
Construction of the new University site, just off IBM Drive, will begin in the upcoming months, said James Chunks Corbett, the churchs chief financial officer. Currently, the church rents space every weekend for worship at the University City YMCA.
The audit report, prepared by C.DeWitt Foard & Co., a Charlotte CPA firm, is available online and says Elevation has entered into an initial, 10-year lease for the land on which the University campus will be built. The church issued a $1.5million letter of credit in February to secure the lease, the report said, and Elevation expects monthly payments of $37,659 will start in the first quarter of 2015.
The church had previously declined to disclose its audited financial statements.
Instead, it distributed a glossy annual report, showed videos and made announcements at weekend services, while making income statements and balance sheets available.
In 2013, we decided to make the full audit available, he said.
Corbett also revealed that on Friday, Elevation was accepted as a member of the Evangelical Council for Financial Accountability. The ECFA, based in Virginia, is a respected accreditation organization that asks member churches and Christian nonprofits to adhere to standards on everything from financial transparency to governance. To become a member, Corbett said, the church had to turn over all of its employees compensation data including Furticks.
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Elevation Church to build 1,200-seat campus in University City, discloses audit for the first time
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