Question #1:How does a city make money?Results from asking google.
Three (3) immediate answers without a forensic review of this city's balance sheet.
"Even I can see this."
Wiki answer. "Cities typically make money from taxes and fees charged to residents,
businesses, and visitors in the city. Some such examples are parking
fines, sales taxes, dog & cat licenses, business licenses, liquor
licenses, and city vehicle registration (if applicable). Cities also
receive a portion of property taxes."
Yahoo best answer (chosen by voters). "Property taxes are the primary source along with fees and fines and of
course the counties, state, and federal government usually via the state
give them money. Most property taxes go to pay for the schools, at least where I live that is where most of the money goes by far."
We knew that! Its common sense. And the answers seems to agree with our city revenue and property tax (or shall we say the lack there of).
Question #2:Does a city lose money on its residents?Not found. Reasonably, if a city (or shall we say a city council) is foolish, it could be true.
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