Friday, September 25, 2009
Arlington County Facing $60 Million Deficit Next Fiscal Year
Meanwhile, the lovely real estate investment trusts that the lovely County Board granted hundreds of millions in "bonus density" for energy-inefficient, unaffordable, and ugly commercial buildings are flocking to have their buildings re-assessed like ducks on the Potomac at low tide.
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At the July County Board meeting the CB didn't have any problem with spending $8 million over the next 5 years for welfare for wealthy arts groups.
Go to arlingtonva.us and check out the County Board's agenda for the September 26th meeting. Plenty of extravagant spending.
How about the CB spending a couple million to fund park & recreation infrastructure for the Founder's Square mega-infill? Something the Founders Square developers should have funded. (Agenda Item 65)
Why is the County Board funding additional ART Bus routes that it will likely be forced to eliminate next fiscal year? Agenda Item 60.
How about the Four Mile Run Restoration Project. Maybe as much as $200 million. Starting FY 11 ?? Agenda Item 35
Look at the County Board's agenda from its Saturday meeting. The way they're spending money we will see a 6% tax increase next year. $60 million is 6% of $1 billion.
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