Housing Affordability Threshold…video to explain it

oscar trophy

(LFC Comments:  Congratulations to Lance King, Tom Hach, and Rhnae King for their outstanding performances.  Tom Niewulis must take a bow as the Director, Cameraman, Sound and Post Production Manager.  Oscar winning performances by all!)


Let’s recap the HAT calculations:

Formula: (Monthly Mortgage + Utilities + Property Taxes) x 12 = Annual Housing Costs
$700 + $200 + $300 = $1,200 x 12  = $14,400  Annual Housing Costs

Annual Income = $45,000

HAT % = $14,400 / $45,000 = 32.0%

[For rental property, you would add the monthly rent and the utilities, and then multiply by 12 to get the annual housing costs.]

Impact of a 5 mill levy for a $100,000 house:

5.0 mills x $35.00 = $175.00

Additional income needed to pay the $175.00 without HAT % increasing:

$175.00 x .32 = $546.87 additional annual income

Impact on HAT% if no additional income:

Original Annual Housing Costs + Annual Property Tax Increase = New Annual Costs
$14,400 + $175 = $14,575

$14,575 / 45,000 annual income = 32.3%

What does a ‘continuous’ or ‘CPT’ levy mean to the taxpayers?

A continuous levy means that the taxpayers will pay the property tax FOREVER without the political sub-division having to be accountable to the taxpayers.

A ‘CPT’ levy means the same thing – a continuing period of time, and does not require the political sub-division to be accountable to the taxpayers since the levy never expires.

Categories: Community Activism, Tax Working Group


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  10. Okay Mr. Rose! Let’s open the flood gates of hypocrisy and thank you so much for going there…I was waiting for some government hack to go there. So let’s talk about hypocrisy, shall we?

    Anyone who professes to be a Christian cannot support Pro-Choice legislation or activities…period. One cannot have it both ways. The Democrat party has taken off it’s mask…they love aborting babies right up to 2 minutes before a live birth. The law in some states run by Democrats allows a baby who has survived an abortion to be killed. Project Veritas has exposed the wholesale slaughter and chopping up of aborted babies for their organs and only God knows what else. They want to teach your kindergartner how to masturbate. They want to sexualize your grandkids as young as they can to soften up pedophilia as a sexual preference rather than the evil that it is. These people are sick.

    So, I’m calling out every professed Christian in Lake County, you cannot be Pro-Choice and a Christian…period. You need to choose between the Living God and the god of your masters, Moloch. Given the rampant pedophilia in the Catholic Church, perhaps they’ve switched gods? Any individual right here in little old Lake County that is a Christian, and Lake County has a very big Catholic presence, and aligns themselves with the Pro-Choice stance is the biggest hypocrite of all. There is no gray area…sorry…not sorry.

    Here is something else to chew on. If you are a Christian…you do understand that humanity is not perfect. There are many people who were in high places here locally who had the opportunity to do the right things long ago and they did not. Some, on both sides of the aisle, still are not. Sucks to be them.

    It’s never too late to repent and turn around. Those who have seen the error of their ways, and there are many even in Lake County, are starting to do the right things now. And those ranks will increase as time goes on. The world is waking up and a new day is dawning. An awake and united population is the governments’ worst nightmare. The black hats preying on our children should be very, very afraid as well. We have a patriot in the White House…thank God!

  11. LOL…ok, let’s agree to disagree…how do you know that we have not had those discussions?

  12. So…you are giving him a “pass” on the two continuous levys and the 38 year – $38 million bond levy that has an interest charge of 40 million bringing that grand total to $78 million? (Yes, he voted yes on that and for the bond issuance legislation). If this would have been anyone else, you would have your elephant memory working OT and reminded everyone of their past decisions. I think you are giving him a break because of your associations with other groups he is associated with. This is not Hollywood, this is Lake County so the Robert DiNiro reference doesn’t hold much water with me. I think a better plan might be for you to crown him the new “Mr. Continuous” when you give him the Oscar.

  13. Andy, Mr. Hach is a reluctant actor in this play, and is not necessarily presenting his views on the subject of property taxes. Mr. Hach was gracious enough to volunteer for the role on short notice (less than 24 hours) when the female actress, who had accepted the role, had to drop out because of an illness. I saw Robert DiNero “kill” a lot of people on the big screen, but I have never considered him a murderer. You are being too harsh on Mr. Hach. His Tax Working Group, like LFC, is trying to get the truth out to all citizens.

  14. Interesting that one of the actors (Tom Hach) is an elected official who voted to place 2 continuous levys and another one for 38 years on the ballot in the past 5 years. All total, it exceeded 9 mils. And 7 of those mils are continuous (or as Brian Massie would say…forever). Seems a bit hypocritical.

  15. You are missing the point…we are trying to explain the HAT concept. However, now that you mentioned it, Riverside school district in Lake County is contemplating a new $1100 + million school. We have attended their school board meetings and have discussed this with school officials. They are thinking of a new school or spending $66 million refurbishing the existing school.

  16. We plan to buckle up because the ride is going to get mighty bumpy.

  17. Government has become so complicated. Who has the time to actually know what is going on? If not for Brian, I would probably just be voting for name recollection and screwing myself in the process. As long as the politicians can fill their pockets, we have no one actually working for us.

  18. This is wonderful LFC! Thanks to all who participated in this video to explain what the HAT is and how property taxes eventually will price seniors and those living on fixed incomes out of their homes. And GOD BLESS you for exposing this TAXATION WITHOUT REPRESENTATION.

    The millennials are starting to talk as well…young families are feeling the pinch. We want them to come into Lake County to help revitalize it. Remodel those bungalows…not for $299K though because that was just, well, stupid no matter how you slice it. I also have a sneaking suspicion that the neighborhood isn’t going to be so happy when they realize the total effect of that little project on their property taxes. But that’s a story for another day.

    Bottom line the people must start to push back and say HELL NO. No more taxes…there is no more blood left in the host…the parasites have bled us dry. Continuous levies are TAXATION WITHOUT REPRESENTATION in it’s most perfect form. We fought a war over that people. WAKE UP and start demanding answers from your ivory tower politicians and school administrators who all make 6 figures and have nice fat pensions…so they don’t care about you!

    It is going to be a heavy lift for our generation…there will need to be sacrifices made…but there sacrifices made during the first revolution as well. Some paid with their very lives. Make no mistake, people are dying in this revolution too…Seth Rich.

    A message to my fellow Lake County citizens. Be calm…and MAGA on! Do not worry during this confusing time…hunker down and ride out #The Storm as the patriots are cleaning house. We will emerge from this even stronger and better prepared to be on a path to truly restoring the Republic. And it’s going to trickle down to the local level too…local bad guys beware. Can’t wait.

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