Wednesday, March 6, 2013

Hey Mister, can you spare $50 million?

That's the estimated amount Fort Worth is short this go around.

Makes you wonder WHAT they spend YOUR money on.

Oh, yes, bicycles and wakeboard parks. 

Read the basics in the Fort Worth Star-Telegram.  Then remember that next time they start spouting their support for the "leaders" of Fort Worth to enslave you to the debt.

"Our current budget is simply not sustainable," she said, adding that the expenses are much greater than revenue.

While Price didn't give any estimates of how big a deficit the city faces in this year's budget, Chief Financial Officer Horatio Porter put a $50 million price tag on the shortfall.

She also mentioned ongoing developments, from Marine Park Pool on the north side gearing up to open soon to the Trinity Lakes TIF District being poised for millions of dollars of development over the next decade.

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