1 billion seems like a lot for a reserve fund, what was the 2009 audited budget at? If budget for city is 50 bil then 1 bil isnt that much. If budget is 10 bil then that is alot. Not so much that there should be a tax breab but I think the surplus should be set as a % of revenue and if it goes over then they use that money for onetime spending - likely some form of infrastructure.
__________________
MYK - Supports Arizona to democtratically pass laws for the state of Arizona
Rudy was the only hope in 08
2011 Election: Cons 40% - Nanos 38% Ekos 34%
|