I don’t even live in Souderton and this story almost made me blow a gasket. It is one town over from me. Anyone who thinks that local government politicians are any better or less delusional than Federal politicians is smoking crack. The scenario laid out in this story is a perfect example of dysfunctional, delusional government officials coming up with the absolutely wrong “solution” to a problem they created in the first place. They can’t seem to balance their budget. The anticipated tax revenue from the earnings of their residents is much lower than expected. I thought the Obama recovery was creating jobs. How can tax revenue from wages be declining?
The absolutely brilliant solution from these government drones is to more than DOUBLE the proposed real estate tax increase to 7.7%. Is this factored into the fake BLS inflation figures? So, they will extract an extra $50 to $100 from residents who are already making less money because the economy sucks.
What the story does not address is why their budget expense is so high. During the boom years from 2000 through 2007, these morons built a massive new school, hired more drones, and signed contracts with government union workers with great salary increases and off the charts pension and health benefits. They extrapolated the housing boom transfer taxes, real estate taxes and fee revenue to infinity and beyond. Well that gravy train has left the station and ain’t coming back. Real Estate taxes will be flat or declining for years. There is no jobs boom coming. Earned income taxes will be flat. The required pension contributions for their union workers are about to skyrocket.
These morons think they can just keep raising taxes on the people to fund their bloated, bureaucratic, union paradise. You can’t get blood from a stone. Municipal bankruptcy and forced cuts to the government union employees is coming to Souderton and thousands of delusional localities across the land. Math is hard and so is reality.
Souderton ups proposed tax hike to 7.7 percent
Wednesday, October 24, 2012
By Bob Keeler email@example.com
With the proposed $2.6 million 2013 general fund budget already at $300,000 less than the borough spent in 2011, council members said they can’t cut any further and need more income to balance the books. The amount coming in from earned income, local services and real estate transfer taxes, though, is decreasing.
“We’re spending 2013 dollars right now and that’s not in this budget,” he said.
“There’s close to $50,000 at various points in delinquent sewer fees, which is troubling and we need to be more aggressive with that,” Coll said.
There is a perception among many people, though, that street lights increase safety and decrease crime, he said.