With all of the media coverage lately of the Regional Transit Authority impact on vehicle license tab renewal costs I opened the one which arrived today with trepidation. Glad I was sitting down and somewhat prepared.
For my 2011 Ford Edge: $329.75 (without the Park's $5).
Of that $329.75 the Regional Transit Authority tax is $226.00, $45 is vehicle weight fee and $20 is city road repair fund. Only $30 is State license fees.
Just the RTA? $226/$329.75 = 69%.
If I read it correctly the $226 represents a 1.1% on the value of the vehicle. That means they figure that my six year old vehicle is worth $20,545. Even with its low mileage NADA gives it a clean retail value of $13,600 so RTA has it overvalued by $6,945 or 51%. Apply that .011 tax to the overvalue of $6,945 and they are in my pocket for an "extra" $76.40 and that doesn't include my other tax contributions.
I truly feel sorry for the county employees and private agents who have to face the public.
Edit: And I won't even whine (well, a little) over the fact that even if I live long enough to see it completed I'll be too over the hill to make use of it.
Edited by Larry B (03/29/17 04:37 PM)
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