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re: Houston is broke.
Posted on 3/26/24 at 5:49 pm to Nola1962
Posted on 3/26/24 at 5:49 pm to Nola1962
The article says we are spending $150-$200 million more annually than bringing in. There are over 2 million people in the city and almost 7 million in the city. So we could all pay an additional $30 annually but instead there will be a new tax that will cost me like $1,000+ and they will create new bullshite jobs and departments and find ways to give more money to the leeches
Posted on 3/26/24 at 9:11 pm to Big L
Another issue creating the deficit is the PFC apartments program that Whit recently killed.
Effectively apartments could provide some level of “affordable” housing on half the units and in turn not pay any property taxes. Turns out the properties don’t really provide much affordability and aren’t really measured on that “affordability” by the COH or the housing authority.
One of the reasons Whit fired everyone but they still passed 13 ish PFCs before they al got fired. Pretty sure there are over 50 of these all over town. Housing authority wanted them to be in nicer parts of town so a number of them are upper Kirby and other nice areas providing no real benefit but a huge cost to tax payers.
Removing these could easily cover this shortfall.
Effectively apartments could provide some level of “affordable” housing on half the units and in turn not pay any property taxes. Turns out the properties don’t really provide much affordability and aren’t really measured on that “affordability” by the COH or the housing authority.
One of the reasons Whit fired everyone but they still passed 13 ish PFCs before they al got fired. Pretty sure there are over 50 of these all over town. Housing authority wanted them to be in nicer parts of town so a number of them are upper Kirby and other nice areas providing no real benefit but a huge cost to tax payers.
Removing these could easily cover this shortfall.
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