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Title: Frightening Charts Show Record Low Revenue, Worst-Ever Austerity Measures For US Cities
Source:
The Business Insider
URL Source: http://www.businessinsider.com/reco ... measures-for-us-cities-2010-10
Published: Oct 6, 2010
Author: Staff
Post Date: 2010-10-06 12:16:09 by Nebuchadnezzar
Keywords: None
Views: 1723
Comments: 7
Frightening Charts Show Record Low Revenue, Worst-Ever Austerity Measures For US Cities 87% of cities are Less Able to meet fiscal needs compared to last year Image: National League of Cities Municipal pain is at its worst level on record, according to annual report from the National League of Cities. Revenue is 3.2% lower than last year, which was already at record lows. It may get worse next year as property taxes decline to reflect fallen property values. Cutbacks in government spending are also at record levels. The fiscal bloodshed you hear about in Los Angeles and New York -- not to mention state governments -- is probably taking place in your home town. Notice how the lies just dont' add up. How can revenue be down across the board 3.2% if the economy grew at a rate of 2.6%? Dems = World Class Liars
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#1. To: Nebuchadnezzar (#0)
Falling property tax receipts probably.
Counties collect property taxes. Cities collect sales taxes. If revenues are down 3.2% that is sales taxes. That means it's safe to say consumption is down 3.2%, about, over last year.
Clinton and Cuomo are the true bandits who lit the fuse to this economic crisis we're now in. All in the name of getting more minorities in houses: http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=12554
I pay NYC property taxes...
If revenues are down 3.2% that is sales taxes. That means it's safe to say consumption is down 3.2%, about, over last year. More of your foreign BS. Some cities and towns levy them too, based on a formula of the appraised value. Ask your bud Hannity.
I guess his "Guide to the US" isn't as complete as he would like.
Huh? http://www.nyc.gov/html/dof/html/property/property.shtml
Facts aren't Nebu's friend.
How can revenue be down across the board 3.2% if the economy grew at a rate of 2.6%?
Reality check - Obama is more popular than the tea party
#2. To: go65 (#1)
Falling property tax receipts probably.
#3. To: Nebuchadnezzar (#2)
Counties collect property taxes. Cities collect sales taxes.
#4. To: Nebuchadnezzar (#2)
Counties collect property taxes. Cities collect sales taxes.
#5. To: war (#3)
I pay NYC property taxes...
#6. To: Nebuchadnezzar (#2)
Counties collect property taxes. Cities collect sales taxes.
Reality check - Obama is more popular than the tea party
#7. To: war, nebuchadnezzar, (#3)
I pay NYC property taxes...
Reality check - Obama is more popular than the tea party
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