If local elected officials agreed on the need to increase taxes to help close the structural budget gaps confronting the city of Rochester and Monroe County, which approach would you favor?
63% Sales tax increase
17% Property tax increase
A balanced increase of both sales and property taxes At this time, do you personally believe increased taxes are necessary to help close the structural budget gaps confronting the city and county?
Poll conducted 6/4 – 6/5
Our property tax and sales tax rates are already among the highest in the nation. A result has been that some 30,000 people have left the area over the last five years and there has been no real appreciation in real estate values, compared to elsewhere in the country. I’m concerned that raising the sales tax will only incentify consumers to make higher-ticket purchases out of town, or online, rather than support local retailers. I favor looking for alternative solutions to close the county’s budget gaps.
-David Cornell, Cornell’s Jewelers
Our city and county officials need to begin running our local government like a business. When you can’t generate any more revenue from your customers/clients, you cut your expenses to balance the books. As simple as this may sound and as many times as others have mentioned this basic approach, they need to “just do it”-we all may be surprised with the results.
-Pete LaFauci, cfo solutions
6/08/2007 (C) Rochester Business Journal