What better crisis story to begin a push for yet more taxes? I’ll never vote for any tax increases as long as spending continues on follies like the ineffective Chamber Of Commerce or “ICLEI”, the Local Governments for Sustainability.
Budget ”unsustainable,” P.G. financial official says
Property tax revenues have remained steady, but sales and hotel room taxes are down, he said. Some recovery on those two sources of revenue is expected in fiscal 2012-13.
But by fiscal 2014-15, Becklenberg said, costs will begin outstripping revenues and the city will have to explore new sources of money.