My local municipality is having a tough time keeping up the roads. In a newspaper article they stated actual spending on capital spending would increase this year almost 400% to close to $10 million dollars! Operating expenses to maintain the roads would increase by $1.4 million!
In the same article they stated taxes would not increase as the extra revenue would come from increased development income...read that as oil and gas as well as industrial land development.
If this boom ever grinds to a halt we are dead in the water!
In the same article they stated taxes would not increase as the extra revenue would come from increased development income...read that as oil and gas as well as industrial land development.
If this boom ever grinds to a halt we are dead in the water!
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