Re:Why American cities can’t keep up with infrastructure mai...
by xyzzyz on Sunday October 04, 2020 @04:42PM
(#24682121)
Okay, that's still less than 15% of their budget. This is not going to kill their finances like Strong Towns says it will.
Re:Why American cities can’t keep up with infrastructure mai...
by bobthepanda on Sunday October 04, 2020 @11:13PM
(#24684236)
There have been crises over budget swings of a smaller amount. Nassau is a high-tax jurisdiction in a high-tax state, I'm sure residents aren't thrilled to be paying very high property tax. Nassau has a declining population without considering foreign immigration.
In the 2020-23 capital plan, $978M is budgeted for sewers and stormwater, $100M for roads, $30M for traffic and $31M for general infrastructure. This will mostly be funded by debt. https://www.nassaucountyny.gov/DocumentCenter/View/27186/202...
In your link, on page 2, $180M is spent on transportation and $397M on debt service.