Victoria writes: > Minneapolis has 19% of the taxable real estate in the State and only 11% of > the population. > > As a City, we should be rolling in money.
Not if the 11 percent of the population is poorer with greater needs than the state at large. You look at it as our larger tax base supports a smaller population - but another way to look at it is our larger tax base supports larger needs. Besides, this really doesn't have anything to do with the original point: that Minneapolis has not gotten its share of funding for projects that are regional or statewide in scope, particularly compared to St. Paul. > Instead, Minneapolis has $1.7 Billion in debts on which it is choking. And > the debts are growing day by day. On this, we agree (though perhaps we'd quibble over the depth of the problem). We have to put our own fiscal house in order. But that doesn't mean we should be required to pay the total bill for projects with regional/statewide significance....in fact, some of our debt arguably springs from paying 100% of the bill for benefits that are spread more widely. David Brauer King Field _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
