Archive for the ‘City Deficiencies Fund’ Tag

COT Has Been Spending Reserves Each Year Since 2006

To understand where you are, sometimes it is useful to look at where you have been. With the recent approval of a 15% property tax increase to plug the hole in the COT’s General Fund, Tallahassee Reports decided to take a look back.

The first task was to look back at the budgets over the previous years to try and determine if there was an explanation, hidden somewhere in all those numbers, for the tax increase that was required in 2010 to provide the citizens of Tallahassee with the most basic governmental services.

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