Something doesn’t add up. Looking at a property tax statement and taxes to TLHCD, we currently pay the staggering amount of 7%! In using the estimated tax numbers provided in Measure I Bond Resolution, Exhibit C, the taxes will increase in the fiscal year 2017 – 2018 to 9.1%. Fiscal year 2018 – 2019, taxes climb to an outrageous 11%!
The Kaweah Delta Healthcare District’s bond failed. Their hospital DID NOT CLOSE. The biggest opponent of Measure H was Dr. Benzeevi, CEO of HCCA. In a flyer he paid for, it stated a reason not to vote on H: “District taxpayers are already paying a 2.2% property tax, measure H would increase the total KDHCD taxes to a staggering 6.8%” Unacceptable there, but great for the Tulare District?
How does this impact the district? Besides a completed tower, what else? Along with their obscene monthly fee, profit sharing begins if a revenue bond is paid off from leftover measure I money. Hopefully TRMC is profitable and can save money to build Tower 2.
How can TRMC save money from profits when they only get to keep 5 %? The contract with HCCA gives them 95% of profits. Did our board of directors think into the future that this was in the best interest of the entire district? Contracts benefit HCCA. A private conglomerate comes out ahead of the people in this district. This is not in our best interests, Vote NO on measure I.
Mary Sepeda