We began, based on our anticipated income, to determine how
much house we could afford. The answer was staggering. Millionaires, my father
insisted, lived in $20,000 homes and only the sorriest wastrels lived in homes built
entirely by someone else. People in the know said “Buy a little more house than
you could afford and, as your income increased, you would “grow into it.”
I’ve thought about this a lot since. Back then, I just
fretted about it.
At the same time, I was dealing with the financial condition
of our cities. They faced a different set of problems. A young couple running
short of money could always work harder or get a higher paying job. Cities
faced a finite revenue source. Property taxes paid a paltry amount of fees and
revenue streams from utilities paid some. State turnback from fuel taxes
helped with streets. As mentioned in an earlier segment, places like Conway
Country, Arkansas, produced funds from their speed trap enterprises. How much
of those funds went to pay for public services is anybody’s guess.
Cities relied on two or three sources for large capital projects.
They are allowed to issue General Obligation bonds based on a defined increase
in property taxes as the source of payment. Utility revenue streams could also
create projects to be undertaken through bond issues. Then there were massive
grant programs through the federal government for specified categories of
projects. Local sales tax options were years away.
Cities managed somehow. Plans were based on predicted growth
patterns. Oddly, predictions almost always matched the population needed to
create enough revenue to carry out the plan or to fund an individual project. Fancy
methods of prediction used birth rates, death rates, migration patterns, and
the ability of specific cohorts to propagate. Nobody really understood the methodology.
I suppose that was the intent.
Sadly, there would be only one major generator of population
growth or decline among our cities in the coming years. Like an earth tremor awakening
a sleeping monster, the cause was slowly winding through the federal court
system on its way to the Supreme Court. It would have very little to do with
quality of life, economic development, public administration, or good planning.
It would have everything to do with which way school buses ran.
I couldn't help but wonder where this was all headed. |
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