Posted by Dan Draney on June 21, 2006
My friend, Lyle, emailed me a comment on the previous post about Lincoln property taxes. He’s apparently too shy to post it, so I’ll do that for him. 😀 He said:
Saw your note on property taxes on your blog. Two things jump into my mind:
1) if the mill levy rate is not reset back to the level at the last evaluation (3 years ago?), then the combination of an inflation of mill levy and evaluation results in a windfall profit equivalent. Would there be a hypocritical response by the representatives of local taxing bodies (i.e. city; school) if, on the one hand they were upset about windfall profits of gas-related companies and the impact on their costs, but not about windfalls in property tax? One cannot use the argument that increased evaluations should result in increased taxes, if those increased taxes come about from two inflationary forces.
2) if the housing bubble bursts (which supposedly an article in the Lincoln Journal Star over the weekend thought would not happen in Lincoln due to underevalued property at 5%–although such underevaluation was based on pre-reevaluation data), would the Assessor’s office reduce the evaluations in response? If not, then what determines the rationale for doing evaluations?
Lyle is a lot of fun, both deliberately and accidentally. He shares my love of puns, particulary bad ones. When Lyle, UnklB, and I are together, watch out–the puns will be flying fast and furious.
Another great thing about Lyle is that, even though he talks slowly, he’s often not quite sure what he’s saying until it’s out. Afterwards, the results are often unexpected. This has led to a number of memorable Lylisms, the tracking of which makes an interesting hobby.
One such saying appears in the rotating subtitles of DLMSY: “We can’t have our eggs and apples, too.” He was quite serious at the time. Anyone can accidentally mix two metaphors, but it takes real talent to do three at once.
The other day I heard him say that a project needed “a silver bullet you can pursue that jumps out and says it’s a winner.”
Another great thing about Lyle is that he doesn’t mind being teased by his friends. Of course, he can dish it out, too…