9 Responses to “Consolidated Condo Tax Meeting”

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  1. FourthandEye

    The condominiums this applies to are 555 Mass, City Vista K, City Vista L, Madrigal Lofts and the Sonata.

  2. John Thompson

    I think this is a terrific idea!

  3. Tony

    Just wondering why we’re exploring this idea? Is it because people are not paying when they receive these tax bills? I’m surprised at the number of people who don’t even know what this is for. This info is not well shared by the Sales staff or Settlement reps at closing and it should be. Taxes should never be a surprise!

  4. MVTer

    As a condo BOD member, this is a terrible idea. Basically, it turns the condo into a tax collector because the government entity cannot do its job. This means that unpaid bills become the burden of the responsible owners. This also increases administrative overhead.

    I strongly oppose this idea and will say so at the meeting.

  5. MVTer

    Also — are the condo buildings going to get stuck with the past due amounts from the individual unit owners? Is the consolidated bill going to include these amounts as part of the total initial bill? That would certainly be unfair.

    Finally — since this impacts only a few buildings, it would have been great if the CID had notified the condo boards at those buildings about this meeting so they could get a position in place.

    This is the first we’ve heard about it.

  6. MVTer

    Right now condo dues are not impacted when a person does not pay their CID bill. Every condo has a certain percentage of owners that are in collections. By turning over the bill to the condo association, the owners who are good payers will now have to foot the bill for those that don’t pay their CID bills.

    Also without the bill going to the taxpayer, there is less accountability by the CID for its spending as the money is now funneled through the condo dues. And the association simply does not have a relationship with the CID. It is only the owners.

  7. SMC

    Why was this not conveyed to the owners? I like in the K at city vista and a lot of the residents here are not aware of this. Also Why is it not a uniform tax as opposed to different entities. It should be done strictly based on square footage.

    I think some of this tax money should be used to inform the people affected by this tax of the tax and what exactly this money is used for line by line dollar by dollar

  8. Jason

    The tax was on my HUD1. No one should consumate a real estate transaction if they are not prepared to read the most basic of the forms and seek explanation for the line items they do not understand.

  9. MVTer

    SMC — you can go to the MVT CID web site and see the budget, etc… From my perspective, there is a lot of value from this tax. For $10 a month each, we get additional street cleaning and security along with other services. They have been instrumental in getting many of the improvements and amenities that we enjoy as well. And the special assessment was disclosed to anyone that is paying attention to their sale.

    That being said, this is the responsiblity of each owner. A consolidated bill would force the paying owners to subsidize the deadbeats. Additionally, this would reduce the transparency of the tax. The condo does not charge the tax so they should not have to collect it from individuals nor should they be held accountable if the assessment increases.