Are Guilford County and City of Greensboro elected and unelected officials aware of this, and have they figured out what it will mean in 2012?

http://www.uncg.edu/bae/cber/tbi/feb11/guilford.html

On Donald Patterson's housing article

and what may be a massive Greensboro and Guilford County tax increase
when real estate is reassessed in 2012


On borrowing and Guilford County's budget:
$337.38 million that may not need borrowing
as federal and state subsidies fall and local tax revenues drop?