Thursday, April 11, 2024

cutting spending is the answer to strasburg's budget deficit

By the narrowest of margins town council got it right by voting against raising real estate taxes. 

https://www.nvdaily.com/nvdaily/strasburg-council-rejects-real-estate-tax-increase/article_d27b6663-1a87-5289-a4a2-9492b75254fd.html

questions remain.

The slim majority has it right this time. 

"Monahan called for the council to have a financial retreat next year to discuss needs in detail before she was ready to approve new taxes, stating she would not approve new taxes in this cycle.

“I have no interest (in raising taxes),” Monahan said. “The people of Strasburg are all struggling.”

“I would exhaust all other options before doing a tax increase,” Louder said."

  • how does a struggling homeowner deal with a 22% increase in real estate taxes? most people can deal with 3% inflation in the small items (gas, food, clothing, etc.). real estate taxes are a big ticket item in a struggling homeowner's budget. a 22% increase in real estate taxes in one year puts a HUGE burden on a struggling homeowner's budget.

The answer to the town's budget deficit is clear--cut spending--just like a struggling homeowner has to do if they have a budget deficit.





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