I was talking about like county jails and schools and such. With a half cent sales tax inrease here then next year it’s a quarter of a sales tax on top of that. Why not make it a bond so when the money hits that limit. The piggy bank is cut off and taxpayers don’t have to continue paying taxes. Some will say about that operational costs but should not these entities figured that in when asking for money?
Oh, that makes a little more sense, most municipalities already invest funds for long term growth. It’s usually beneficial but there have been some cases where misplaced investments led to a loss, even some cases where pension funds were lost.
If you list a location I can probably find an example.
I was talking about like county jails and schools and such. With a half cent sales tax inrease here then next year it’s a quarter of a sales tax on top of that. Why not make it a bond so when the money hits that limit. The piggy bank is cut off and taxpayers don’t have to continue paying taxes. Some will say about that operational costs but should not these entities figured that in when asking for money?
Oh, that makes a little more sense, most municipalities already invest funds for long term growth. It’s usually beneficial but there have been some cases where misplaced investments led to a loss, even some cases where pension funds were lost.
If you list a location I can probably find an example.