I think this graphic pretty much says it all
City councilor Kenny Anderson Jr. Plans to discuss proposed changes to arterial street funding. Anderson and Public Works Director Mark Cotter will be making a joint presentation.
This of course all stems from the 6 year anniversary (2008) of raising the 2nd penny tax to a full penny after developers and city administrators made false promises to the city council in order for the tax increase. The developers haven’t even came within striking distance of their promised 60% input. The entire tax increase was based entirely on lies and a failing economy that was evident at the time of the increase.
One proposal would be to keep the tax increase in place and simply ONLY match developers platting fees for arterial road expansion. Any additional money from the tax increase would go towards existing road maintenance, not expansion.