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— Quincy Massachusetts News by Quincy Quarry News – News, Opinion and Commentary
“Herr Dobermann, no way am I covering your six collecting taxes in the Neck.” A meme
While this past week included yet another pedestrian whacking and a forecast for the first snow event in the South Shore (but which fortunately missed the Q) this winter season, the biggest news of the week was the setting of local property tax rates for 2024.
Property tax bills for homeowners will going up by a 8.3% on average in 2024, an increase on track with the Quarry’s projections last August of a 7.5% floor for the increase and a median projection of 8.5%
In turn, the 8.3% residential property increase looks to be the highest approved residential property tax increase of any municipality in Massachusetts to date.
Old school media
A file photo
Speaking of time, Quincy Quarry News scooped the local tabloid and the South Shore Broadsheet by a day and several days, respectively, with its coverage of this checkbook-busting increase.
Further, while the tabloid provided solid coverage, the broadsheet’s coverage was an all but hopeless jumble as its reporter swallowed the Koch Machine’s kayfabe hook, line, and sinker after suffering a sleeper hold after a flying drop from the top of a corner turnbuckle.
Even worse, the metrics behind the upcoming tax increase underscore Quincy Quarry’s working tentative forecast of a 25% or higher tax residential property tax increase by 2026 from current 2023 single family home residential property tax bills.
The driver of the expected brutal property tax increases?
Out of control koched spending by the Koch Maladministration.
Up in smoke …
Image via cheatsheet.com
In particular, Mayor Koch’s continued pressing to issue even more municipal debt as well as his already disastrous reliance on short term debt at a time when short term rates are at interest levels not seen for many years, if not multiple decades.
And speaking of money, Quincy Quarry News continues to follow other buckets of money.
Specifically, how Quincy Mayor Thomas P. Koch through the end of November has paid out $1.17 million on his reelection bid.
On a per vote so scored vote basis, Mayor Thomas P. Koch has spent at least $113.65 per vote.
Tommy needs money? Tommy gets money …
A ThePeoplesVoice.org graphic image
Further, an even higher spending per vote spending figure is expected to eventually follow as the mayor’s campaign fund has a history of slow paying bills as well as given that his current campaign fund balance is a little thin – even after peeps tied to his number one as well as problematic source of campaign funds dropped $9,500 in bundled campaign “donations” on the mayor last month shortly before the election along other people tied to another major source of campaign funds dropped another $4,500 on the mayor.
Put another way, fasten your seat belts, it’s going to be a bumpy ride.
Scrooge McDuck is in town.