Assessment cap set at $164,000

Lisa, Lisa, Lisa. Your hype about assessment overcharges is the type of mis-representation that drives me and other people in the middle crazy. You conveniently failed to mention the $164,000 cap for this year. Do any Circle C homes built between 1995 and 1999 fall below this in assessed value? Yes, some do but most do not and there is no way that 1 of every 3 homes built in Circle C in that time frame falls below $164,000 in assessed value. I looked at a few houses in various sections of our neighborhood and the only section that I found homes with assessed values below the cap are in Wildflower Park. In this relatively small section (of Circle C) it looks like about half of the homes fall below the cap. Most of the homes that do fall under the cap are pretty close to it resulting in overcharges of ~$20/year. Going to court over this is a total waste of our court system and tax payer money.

Your insinuation that Mr. Bartlett is like Lea Fastow is ridiculous. I too do not know Mr. Bartlett other than hearing him at the meeting Tuesday night but please, Lea Fastow? Did I vote for Steve? No I didn?’t. Do I think that he is a bad guy? No I don?’t. Has he done a good job for Circle C? I think so but I also think we need change. At this point, he is out ?– is it really helpful to be disrespectful toward him?

To: btl512


btl512:

I feel so sorry for you for being so timid. If you have the guts to stand up for Mr. Bartlett, you should at least to have the courage posting your true name.

What do you mean by ?“Assessment cap set at $164,000?”? What does that Travis County Capped Value have anything to do with our Association Assessment? If you don?’t know what you are talking about, please consult an accountant before making a post. No wonder you are hiding behind ?“btl512?”!

Sure, there is an Assessment Cap on our billing. If you own a more expensive home, you might not have been overcharged at all. Even if you own the exact same value of the home of your neighbors, you might not have been overcharged if your neighbors claimed more exemptions than you do. Do you understand what that means?

It is not so difficult to figure out whether you have been overcharged or not. You need three items as follow to dig out the truth:
(1) TRAVIS CAD Property Information of your home
http:www.trviscad.org
(2) CCHOA?’s Assessment Notice
(3) A calculator and some brain cells if you have any
But of course, you also need the ability to do simple math.

Divide the Travis County Assessed Value of the preceding year by 100 and then multiply by 0.25. If the answer is LESS than the Assessment Cap on the Association?’s billing, then you have been overcharged. If the answer is MORE than the Assessment Cap, then you have not been overcharged. It is just that simple. Do you understand?

If you still don?’t understand, I strongly suggest you to go back to your elementary school.

Hard Evidence


I stand by what I have said. I had studied 50 homes at Circle C North, and 1/3 of them have been overcharged of the Association dues for the last couple years. I have hard evidence.

Here are two examples from two homeowners:

Wehner Kay Cydney
6821 Beatty Drive
A/C#04164028170000

1999 ?– Paid $307.62, Assessment Cap was $371, should pay $246.09, had been overcharged by $61.52 = 25%

2001 ?– Paid $362.50, Assessment Cap was $376, should pay $270.70, had been overcharged by $91.80 = 33.9%

2002 ?– Paid $394.00, Assessment Cap was $394, should pay $297.77, had been overcharged by $96.23 = 32%



Eddlemon Ann Morgan
6825 Beatty Drive
A/C#04164028160000

2000 ?– Paid $333.77, Assessment Cap was $359, should pay $267.01, had been overcharged by $66.76 = 25%

2001 ?– Paid $376.00, Assessment Cap was $376, should pay $293.71, had been overcharged by $82.29 = 28%

2002 ?– Paid $394.00, Assessment Cap was $394, should pay $328.00, had been overcharged by $66.00 = 20%

$164k cap explained for ''Lisa''

?“Lisa?” (which is so much more revealing than ?“BTL512?”),

I?’m sorry for assuming that you have the brain power to have done the math to determine what the ?“$410 Assessment Cap?” equated to in terms of Maximum Value Assessed. Hopefully you haven?’t sold your Fisher Price calculator because here is what I would like you to do with it:
Take the CCHOA $410 cap divide that by .25 then multiply that ($1640) by 100 and voila $164,000. So, the maximum property value that is ?“assessed?” by Circle C is $164,000. Any property value above this is not subject to the .25 per $100.

The percent of all homes in Circle C that fall below $164,000 per the Travis County Appraisal District measurement has to be less than 10% and no where near your stated 33%.

Your two examples were nice. The very next house 6829 Beatty Dr. is TCAD valued at $161,512 so their 2004 bill was $6.22 higher than you say it should have been. The next house 6833 Beatty Dr. is $154,008 so their bill was a whopping $24.98 over! Look at all the extra money, let?’s go to the Bahamas!

?“Lisa?” the reality is that we should have a ?“flat?” assessment for every home and a single CCHOA vote per home. Do you get less ?“benefit?” from the Circle C assessment money than I do? Do you have less access to the pool than I do? Do you ?“enjoy?” your neighborhood less than I? Obviously you don?’t. Why does property value drive assessment or votes within our CCHOA? I shouldn?’t have more votes than you and I shouldn?’t pay more than you but I do. So if you want to gripe about something why don?’t you take up those two items:
a single / flat assessment and
a single vote per household.
After all, I probably paid less than $75 for well over 1,200 more votes than you in last week?’s election and I will continue to have that voting advantage over you in March.

Thanks ?“Lisa?”.
Love,
?“BTL512?”