How do they calculate the revenue v expenses per property? Is it just total expenses, size of city and the average cost per square mile ( or X area) tax revenue of that area - average expenses per area?
Is the part from 16:55 to 17:30 indictive of the nation as a whole? Are Most cities about to have to fulfill massive infrastructure obligations? Are you expecting this to be the tipping point for better cities?
Depends on the City, but for those that really expanded in the 60's-70's, yes. But do note Edmonds' 30 years beyond the 70's. It's going to be super-painful.
It depends. Muni-bonds have a lot of special status (tax free, lower interest rates...), so they can be bailed out with special federal-backed revolving credit lines. However, if the local govs are known to have poor financial practices (Louisiana), then they are more likely to go belly-up. Strong Towns could be a good resource to look this matter up.
I wish we had our own "Urban3" in the Philippines
How do they calculate the revenue v expenses per property?
Is it just total expenses, size of city and the average cost per square mile ( or X area) tax revenue of that area - average expenses per area?
Is the part from 16:55 to 17:30 indictive of the nation as a whole? Are Most cities about to have to fulfill massive infrastructure obligations? Are you expecting this to be the tipping point for better cities?
Depends on the City, but for those that really expanded in the 60's-70's, yes. But do note Edmonds' 30 years beyond the 70's. It's going to be super-painful.
@@josephminicozzi3830 Thank you very interesting. Do you have any educated timeline when the Country as a whole might be forced to make some changes?
It depends. Muni-bonds have a lot of special status (tax free, lower interest rates...), so they can be bailed out with special federal-backed revolving credit lines. However, if the local govs are known to have poor financial practices (Louisiana), then they are more likely to go belly-up. Strong Towns could be a good resource to look this matter up.