Friday, August 6, 2010

Taxpayer Beware!

http://www.empowertexans.com/node/1370

Taxpayers be on alert for all governmental entities are now involved in budget planning sessions. They are running short on funds due to decrease in property values, reduced sales tax income, etc. Local government entities have a limited amount of options in which they can raise revenue, i.e. property tax rate increase, raise water and sewer rates, raise usage fees, etc.

The one method that most almost always forget - CUT THE SPENDING by reducing the expenses. Yep, some employees might have to be let go, but that is the way it has been in the real world for the last two years.

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