With the expansion come challenges that the city can no longer meet on its own, Moncrief said. To date, the growth has not paid for itself.
Sales tax collections, though rising dramatically the past year, suffered for two straight years. Property values, too, dropped significantly.
Increasing budget deficits that peaked at $77 million last year were the result.
An aging infrastructure in need of upgrades has been among the casualties. While the city has grown by hundreds of thousands, its leaders have not increased spending on infrastructure in 10 years.
0 nhận xét:
Đăng nhận xét