Increasing Property Taxes Received
• For each blighted home that 5 for 5 restores and places in our program, the city gains ~ $250 per year through property taxes.
• For each blighted home that 5 for 5 restores and places in our program, the city reduces its debt by $700 per year per home for maintaining that yard (cutting the grass).
• Each home through 5 for 5 virtually provides nearly a $1000 per year increase to the city’s budget.
