Yeah, that's a nice, basic overview of city revenue sources. Thanks for posting this.
It would be nice if the League revised it to reflect the State of California's recent accounting shell-games with changes to ERAF withholding, triple-swaps, redevelopment zones, etc.
It all gets insanely complicated, or... rather, uh... I'd go insane trying to understand it all, so it would be nice if they could simplify it for people like me. Sometimes I feel I just about have a grasp on understanding all the accounting tricks, but it always slips away from me just as it's all about to come together and make sense.
Same with our various pension and bond obligations; a primer would be nice.
Very informative Matlock
ReplyDeleteYeah, that's a nice, basic overview of city revenue sources. Thanks for posting this.
ReplyDeleteIt would be nice if the League revised it to reflect the State of California's recent accounting shell-games with changes to ERAF withholding, triple-swaps, redevelopment zones, etc.
It all gets insanely complicated, or... rather, uh... I'd go insane trying to understand it all, so it would be nice if they could simplify it for people like me. Sometimes I feel I just about have a grasp on understanding all the accounting tricks, but it always slips away from me just as it's all about to come together and make sense.
Same with our various pension and bond obligations; a primer would be nice.
At least now I have some idea of where all my fines and penalties go.
ReplyDelete