STOP THE SPENDING!
Despite the recession, the Town Council approved: Budget increases totaling over 10.5% in the last two years, including across-the-board employee pay raises. Cary News, May 21, 2001
The Long Range Financial Plan approved by Council
last spring shows:
• No scenario in which property taxes will not be raised
significantly under current spending plans.
• A planned tax hike of 9% or greater next fiscal year
to support
• A spending surge of 15.3%!
“Staff has warned the Council that they will not be able to maintain current levels of service next budget year or meet its infrastructure needs without a tax increase.” Cary News, May 21, 2011
