An article in the News and Record Saturday (was unposted) indicated some solidifying among Guilford County commissioners with respect to the notion of halting bond spending in order to help avert the need for a tax increase. There appears to be more broad support among the commissioners for taking this action.
This is a remarkable change from statements made in the recent past that suggested a determination to proceed with the bond projects, and to raise taxes if necessary.
It appears the commissioners are hearing, loud and clear, from the public. That communication needs to continue unabated if we are going to avoid a tax increase this year.
The citizens need to carefully consider if they need a tax increase on top of the increase in fuel prices. The fuel prices will drive up (pun?) the price of almost everything else. While no one seems to have mentioned it, I suspect that one factor in the rise of oil prices is declining confidence in the Dollar- caused by never-ceasing and accelerating deficit spending
Posted by: Ken Hill | January 03, 2011 at 02:13 PM
Yes, I expect we will be seeing a new set of issues raised by the rise in the cost of fuel.
The commissioners really should have stopped the bond-related spending a year ago or more. But I am glad if they finally get around to it.
Posted by: Joe Guarino | January 03, 2011 at 02:48 PM