In this installment, we explore this proposed tax within the context of its role as a leading indicator of the fundamental restructuring of the city’s commercial and residential municipal revenue balance to fund the city’s ongoing, and growing, spending requirements.
The long-term implications of this commercial and residential rebalancing go far beyond this proposed ballot initiative. While it may impact every resident with various taxes and fees, it will especially impact single-family homeowners, as Part II will discuss.
Read More: https://smmirror.com/2022/04/sma-r-t-column-new-city-financial-plan-the-resident-homeowner-bank/