Category: Municipal Budgeting

Privatize your way to viability?

22 June, 2011 (10:05) | Costa Mesa, Innovations, Municipal Budgeting, Pension funds, Real estate taxes, US News |

By: David A. Smith    If money-losing cities cannot raise their real estate taxes, as many cannot, unless they are ready to go into bankruptcy (like Vallejo, CA), to run out of cash (like Prichard, AL), or to shrink their municipal service footprint (like Detroit, MI), they simply must cut their costs – and desperation […]

There ain’t no such thing as a free subsidy: Part 2, tax that seller behind the tree

27 July, 2010 (11:48) | Cities, Housing, Inclusionary zoning, Municipal Budgeting, Real estate taxes, San Francisco, Transfer Taxes |

By: David A. Smith   [Continued from yesterday's Part 1.]    Yesterday’s post (using a New York Times article as source material) ended with an unlikely alliance between a thundering housing affordability advocate and a calculating developer agreeing on a solution that would somehow preserve the city’s 15% affordability requirement in all new properties while […]

There ain’t no such thing as a free subsidy: Part 1, don’t tax you, don’t tax me

26 July, 2010 (16:45) | Cities, Housing, Inclusionary zoning, Municipal Budgeting, Real estate taxes, San Francisco, Transfer Taxes |

By: David A. Smith    “Despite a Rare Pedigree, Plan for Affordable Housing Collapses”   Sounds like a missed opportunity, doesn’t it?  It’s not.   Shoulda dove for it   It takes some serious digging through the handwringing dross of a recent New York Times article seeking to portray a policy dispute as purely political […]