Wednesday, June 22, 2011

If Guilford County and City of Greensboro elected and unelected officials are aware of the region's falling real estate prices, and know what it will mean for tax increases in 2012, why haven't they done anything about it?

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?

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