20Gauge
TB Fanatic
We are currently being bombarded with advertising regarding a new SPLOST. Basically a 1% increase in the sales tax for special projects. Something I am not too opposed to as they allow people to choose whether or not to spend.
What stuck me was one particular advertisement.....
What they are complaining about is the county has 1 year put aside in reserves for emergencies. This (as explained by the council) is to cover for things like major issues like a Hurricane wiping out half the county, etc. These things have happened in the past and the reserves have kept them from raising taxes.
Basically the anti SPLOST people want is for us to spend every dime we have and have no reserves at all. They say "they have over taxed us and stolen from us".
What do you think?
Should a county / city have a year's worth of reserves to handle emergencies?
I know we have almost a year for our personal needs. Should a city be any different?
Note: fixed as I had city when it was county... sorry
What stuck me was one particular advertisement.....
What they are complaining about is the county has 1 year put aside in reserves for emergencies. This (as explained by the council) is to cover for things like major issues like a Hurricane wiping out half the county, etc. These things have happened in the past and the reserves have kept them from raising taxes.
Basically the anti SPLOST people want is for us to spend every dime we have and have no reserves at all. They say "they have over taxed us and stolen from us".
What do you think?
Should a county / city have a year's worth of reserves to handle emergencies?
I know we have almost a year for our personal needs. Should a city be any different?
Note: fixed as I had city when it was county... sorry
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