Conservative Republican News for Charlotte-Mecklenburg, NC

 

BillJames.org   

 
 

 
    
May 17, 2005 - BOCC Meeting on "Business Investment Grants"
 
These Grants are where the County "gives" FUTURE property tax revenue back to a business over a 5 to 20 year time fame.  Essentially, it is pledging future growth revenue and is one reason that taxes go up. It is the equivalent of giving homeowners a tax rebate in future years based on the increased value of their house. The Democrats are in favor of these grants, the Republicans are not. We raise taxes to pay for services that cost more and then turn around and give away future tax revenue to "entice" business. As of June 2005 about $1 million in ANNUAL future revenues have been pledged for these purposes. See County Commission debate below.
 
MPEG4 - 56K Video Standard (low res)

Back to top

Mecklenburg County Government
600 East Fourth Street 11th Floor
Charlotte, NC 28202
Phone: 704-336-2472
Fax: 704-846-6538 Bill@billjames.org

Copyright © 2005 Commissioner Bill James

http://billjames.org  contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. I am making such material available in an effort to advance understanding of environmental, political, human rights, economic, democracy, scientific, genealogical and social justice issues, etc. I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on my site is distributed without profit. The fair use of a copyrighted work under this Section for purposes such as criticism, comment, news reporting, teaching (including multiple copies for classroom use), scholarship, or research, is not an infringement of copyright. In determining whether the use made of a work in any particular case is a fair use the factors normally considered and listed in the law include:

(1) the purpose and character of the use, including whether such use is of a commercial nature or is for nonprofit educational purposes;
(2) the nature of the copyrighted work;
(3) the amount and substantiality of the portion used in relation to the copyrighted work as a whole; and
(4) the effect of the use upon the potential market for or value of the copyrighted work.
The fact that a work is unpublished shall not itself bar a finding of fair use if such finding is made upon consideration of all the above factors.
 
If you wish to use copyrighted material from http://billjames.org  for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
 
 Bill James Biography | Bill James Photos | Bill James Political Cartoons | County Commissioners
Private Schools | Church links | Family Tree | Latest Political News | 1963 Eldorado