Tuesday, October 26, 2004
Growth Paying it's Way
Recently, two UNC Charlotte professors conducted an exhaustive study on the economic impact of growth, specifically residential. The results of all of the studies are available online at www.rebic.com.
In this article Charlotte Observer article the author discusses the results of those studies.
Opinion
Thu, Oct. 14, 2004
Why does growth no longer pay for itself?
The change hasn't been in the money generated but in how it is spent
MICK MULVANEY
Special to The Observer
"For more than 200 years in this country, growth "paid" for itself.
.....What could have changed, in just the last five or 10 years, to so dramatically alter centuries worth of fundamental economics?"
In this article Charlotte Observer article the author discusses the results of those studies.
Opinion
Thu, Oct. 14, 2004
Why does growth no longer pay for itself?
The change hasn't been in the money generated but in how it is spent
MICK MULVANEY
Special to The Observer
"For more than 200 years in this country, growth "paid" for itself.
.....What could have changed, in just the last five or 10 years, to so dramatically alter centuries worth of fundamental economics?"
Comments:
This is a good article..
Growth does pay for itself but we are not growing properly. We are sprawling out of control and as a result, new counties are establishing large fees for new homeowners because they DO NOT want any more residents moving into their neighborhood. WHY?
SCHOOLS!!! A town that's growing will need new schools thus creating a higher tax burden for all those homeowners who don't have children. A school can raise property taxes by $200 - $500 dollars in a single year!
From the article:
>>>>>>>>Clearly, growth has created enough money to build enough schools, even without impact fees. CMS leaders just put those schools in the wrong place. So is that growth's fault, or our own?<<<<<<<
The problem is that surburban sprawl does not create enough money resulting in some towns having to fund schools for children living in neighborhoods miles away. This becomes a nightmare for those town with good schools having to accept children from distant town that have no schools!
Form the Article:
>>>>>>Local mismanagement is not the only source of our ills. In both North and South Carolina a major contributing factor to the shortage of funds for services is the refusal by the federal and state governments to provide local governments with revenues that are due them.<<<<<<
You can blame the right wing Republican party for this shortage of funds because they did not fund head start or Bush's "No child left behind" program and we are paying for it today. Instead, the money that should have gone to schools went to massive tax cuts for the rich or the military. The Republicans promised you "no new taxes" but left the states having to fund the education bill by raising YOUR TAXES!!!
If you want less money for schools and higher local taxes, vote Republican.
Post a Comment
Growth does pay for itself but we are not growing properly. We are sprawling out of control and as a result, new counties are establishing large fees for new homeowners because they DO NOT want any more residents moving into their neighborhood. WHY?
SCHOOLS!!! A town that's growing will need new schools thus creating a higher tax burden for all those homeowners who don't have children. A school can raise property taxes by $200 - $500 dollars in a single year!
From the article:
>>>>>>>>Clearly, growth has created enough money to build enough schools, even without impact fees. CMS leaders just put those schools in the wrong place. So is that growth's fault, or our own?<<<<<<<
The problem is that surburban sprawl does not create enough money resulting in some towns having to fund schools for children living in neighborhoods miles away. This becomes a nightmare for those town with good schools having to accept children from distant town that have no schools!
Form the Article:
>>>>>>Local mismanagement is not the only source of our ills. In both North and South Carolina a major contributing factor to the shortage of funds for services is the refusal by the federal and state governments to provide local governments with revenues that are due them.<<<<<<
You can blame the right wing Republican party for this shortage of funds because they did not fund head start or Bush's "No child left behind" program and we are paying for it today. Instead, the money that should have gone to schools went to massive tax cuts for the rich or the military. The Republicans promised you "no new taxes" but left the states having to fund the education bill by raising YOUR TAXES!!!
If you want less money for schools and higher local taxes, vote Republican.
