Thursday, December 16, 2010

If Guilford County revenues stay the same or fall through 2012/13,...

If Guilford County revenues stay the same or fall through 2012/13,
could debt service end up at about 21% of the budget or more,
especially if a couple of billion of commercial and high end real estate
assessed for tax valuation between 2005 and 8 gets revalued 20-50% lower?

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