View Single Post
Old 04-04-2022, 07:07 PM   #431
MoneyGuy
Franchise Player
 
MoneyGuy's Avatar
 
Join Date: May 2006
Exp:
Default

Quote:
Originally Posted by GirlySports View Post

Now municipal governments are in a different boat. They can't print money or run deficits and really their only money stream is property tax, so they keep having to raise that. But that's not easy either. Nenshi raised it 17% on half a percent over 3 years and was labeled a communist.
Actually, property taxes make up less than half of municipal revenues. Other sources include revenue sharing and provincial and federal grants, and fees and fines. I won’t challenge your contention that Nenshi raised taxes because I know that’s an oversight.
MoneyGuy is offline   Reply With Quote
The Following User Says Thank You to MoneyGuy For This Useful Post: