Falls City Sacred Heart educator Jim Hoy, who acknowledged that the City Council has nothing to do with real estate assessments, broached what he sees as an unfairness and liability when the council met in regular session Monday, July 1.
Hoy said he, his wife, Ann, and the neighbors in the area of 2618 Schoenheit they have talked to are “concerned,” as real estate values have increased from 40 to 100 percent. The increases, he said, will have a severe impact on incomes.
“Can you imagine real estate taxes doubling?” Hoy said. “It’s sad.” He continued that the drastic increases “will drive people away,” including some who decide commuting is cheaper. “We got hammered” on Schoenheit Street, said Hoy.
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