I am hearing static about some real underlying and potentially disastrous, perhaps catastrophic problems in our budget--as in big--very big deficits. At this point, I am trying to gather more information but I caution readers and activists to play close attention. There quite possibly could be a "perfect storm" to hit us within a year or so including an election, a possible referendum on a city manager, and let us hope that our aging, crumbling sewer and water infrastructure (repeatedly referred to here and brought up by some lawmakers as well) does not "pop a vein" in the midst of this. I for one like having clean water pumped in and dirty water flow away from my home.
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Bay Daily on Hiatus
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Congratulations to Bay Daily creator, Tom Pelton, who has accepted a
position with another organization working to make the world a better
place. In his ab...
12 years ago
2 Comments:
Local governments are going to have a very rough few years going forward. Everybody in government (like many Americans) was busy spending and paying for it with borrowed money. Nobody was thinking about a rainy day fund. The federal government can only do so much when it comes to bailouts.
I predict it is going to get very ugly.
In a lot of ways, Annapolis is like Florida. A sizable chunk of its economy is built on tourism (at least compared to many similar sized cities). Tourists dry up during recessions. However are we going to replace that revenue stream without raising taxes to an uncomfortable level?
It is a horrible time to have so many empty storefronts and office suites.
A perfect storm, indeed.
Jesse Thanks for your note. Time to hunker down!
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