Wednesday, September 23, 2009

Huff Negotiates Tax Reduction for CPN Residents

CPN candidate for Mayor, Jeff Huff, secured a commitment from the board of directors of the Castle Pines North Metro District to implement a property tax reduction for 2010.

Huff presented his argument for lower taxes at the board meeting September 21. “The board agreed to reduce the property tax for debt service by 8.3%,” announced Huff after the meeting. “This is the right thing to do for taxpayers who are struggling under a heavy tax load combined with a weak economy, depressed housing prices and high unemployment.”

The property tax decrease to 22 mills from 24 mills will save taxpayers in CPN $313,526.00 in 2010. “The tax reduction will decrease revenues to the District but the board should be able to make up for those lost revenues due to lower interest rate expenditures in 2010,” Huff explained.

“This is only the first step I will take in lowering costs for residents. I will ask the board of the Master Association for a significant reduction in dues at the budget meeting next month. If elected, I will also review city expenditures and make prudent cuts where necessary. We need to make sure taxpayers are getting their money’s worth.”

Since moving to CPN in June of 2000, Huff has led many community initiatives. He was instrumental in negotiating a legal settlement between the Master Association and a member HOA. He serves as a director on the CPN Master Association, as president of the Hidden Pointe Metro District and as chairman of Colorado House District 45.

Visit his web site at http://www.huffformayor.com/.

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