Friday, April 28, 2006

In Local Finance News, My County Is Broke!

Author: Nick
Category: Money
Topics: , , ,

…Well, it’s not that bad, though as little as I pay attention to news in my own area, it very well could happen and I’d be the last person to hear about it. A few money topics have made recent headlines in Montgomery County, MD, so I thought I’d share with all of you what’s going on in my neck of the woods.

Big Patch of Land Soon to be Big Patch of Anything But

Not even 500 feet from where I work, there is a 182-acre piece of farmland that the county has been trying to annex for a while. It’s one of only a few remaining undeveloped pieces of land in the whole county, but it looks like that’ll be changing soon thanks to a recent vote by the County Council. Plans call for over 2,000 new homes and more than 300,000 square feet of commercial building space to be built on the land. The Council said that 12.5% of the housing must be “low income,” though low-income housing in Montgomery County likely means houses under half a million dollars.

County Adds Diesel-Electric Buses; Buses Powered By Witty Commentary Next

If only that last statement were true, this site alone could run the whole state’s mass transit system! But with the addition of diesel-electic hybrid buses to a fleet that already includes a bunch running on natural gas, Montgomery County is slowly building a more environmentally friendly and fuel efficient public transportation system. Even with only 440 of these GM-built hybrid buses in service so far, the expected fuel savings over conventional buses is 650,000 gallons a year.

Property Tax Cut In Jeopardy

Last month, Montgomery County Executive Doug Duncan revealed a budget that provided for a 9.5% property tax cut without affecting funding of county services. This month, the County Council is questioning whether the property tax cut is a smart move in light of a projected budget shortfall in the next six years. The Council says it would rather see a one-time tax credit in place of a permanent cut.

Hey, council members, here’s a free tip for ya: If a good deal of your constituents are living in homes assessing at over $400,000 in a county with a hefty property tax rate, do not question a property tax cut because it’s all that voters will remember at election time.

Speeders Saying Cheese For New Traffic Cameras

We already have tons of red light cameras scattered throughout the county. Now police have the green light to set up radar cameras in school zones and residential areas with speed limits under 35. Drivers caught on these cameras breaking the speed limit by more than 10 miles per hour will receive a citation in the mail. With a low maximum fine of $40 and no points for radar camera violations, it’s not likely that many people will spend the time contesting such tickets. Of course, it also means you could be clocked going 100 in a 25 by one of these devices and all you’ll get it a slap on the wrist–or rather, a pinch in the pocket book.

21 Responses »

1.

صور انمي
December 20th, 2010 at 3:04 pm

I would like to thank you a lot on outstanding effort

2.

Artur4ik0629
January 17th, 2011 at 7:24 am

Мне очень понравился ваш сайт. А вот еще Сайт для молодежи

3.

zara
March 25th, 2011 at 11:01 pm

http://www.vibramfivefingershoes2011.com/

4.

haiying
April 12th, 2011 at 5:01 am

http://www.mylouisvuittonoutlet-sale.com/

5.

Property Marbella
August 5th, 2011 at 2:11 am

Last month, Montgomery County Executive Doug Duncan revealed a budget that provided for a 9.5% property tax cut without affecting funding of county services. This month. Property Marbella

6.

jocu-RI cu Masini
August 21st, 2011 at 11:30 am

Get us some more articles, you know we want more

7.

jocu-RI cu Masini
September 3rd, 2011 at 12:23 pm

Hello, you have a great talent for satiric writing

8.

شات مصر
September 15th, 2011 at 9:28 am

Get us some more articles, you know we want moreا

9.

jocu-RI cu Masini
October 2nd, 2011 at 8:42 am

It’s sad and funny how you can present real problems with such easy and in such a funny way

10.

شات
October 7th, 2011 at 11:01 pm

شات thank you a lot’s

11.

jocu-RI cu Masini
December 1st, 2011 at 5:52 am

I wish I had a sense of humor like your,great stuff dude!

12.

jocu-RI cu Masini
January 3rd, 2012 at 9:09 am

So, how are you writing all this, how do you find your inspiration?

13.

jocu-RI cu Masini
January 3rd, 2012 at 9:39 am

You got some mad writing skills, I hope you will keep writing more articles

14.

replica jewelry
January 26th, 2012 at 2:24 am

Great Site, your plugins are very useful and save me a tonne of time.tdf

15.

jocu-RI cu Masini
February 1st, 2012 at 9:22 am

You got some mad writing skills and know how to tell a story, I hope you will keep writing more articles

16.

jocu-RI cu Masini
March 9th, 2012 at 5:49 am

Great articles as usual and funny, you really have a good writers touch, I know that this is a problem for everybody but I still can’t stop laughing

17.

Faidah
March 27th, 2012 at 4:05 am

I share your sentiments. I think situations like these are already given. A local government or even a national government who doesn’t have issues like this is unimaginable. Believe me, it’s not only happening in your county. It’s also happening in mine and I am from across the globe.

Faidah of White Space

18.

games
April 13th, 2012 at 3:57 pm

thank you

20.

jocu-RI cu Masini
May 2nd, 2012 at 3:31 am

I think, from your articles, you have a pretty chillaxed atitude which is necessary if you want to survive in todays world

21.

العاب 2013
May 9th, 2012 at 1:54 am

thanx this topic very very good

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

u comment, i followPlease note: By posting a comment, you agree to abide by the Comments Policy. Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

 

 

bad credit mobile phone contracts - Having trouble because of your poor credit? Check out information and deals for bad credit mobiles

Short on money this month? Find out how cash advance loans can help.

FiPath, provides research tools covering all aspects of retirement including 401K to IRA rollovers.

Payday Loans
Cash Advances
direct lender installment loans

Search

Topics

Archives