In his annual State of the County address to the Barrow County Chamber of Commerce on Wednesday, county commission chairman Danny Yearwood said despite the positive results of a recent audit, the economic condition of Barrow County’s government remains fragile. He spent nearly an hour going through tables of data demonstrating the impact of several years of revenue losses.
He said he expects the property tax digest to drop again this year by as much as 20 percent. That would cause a $2 million hit to the county government’s revenues and reduce the school system’s revenues by as much as $5 million.
Toward the end of his presentation, Yearwood spoke at some length about how the benefit of the passage of the July 31 voter referendum on a regional sales tax for transportation. In addition to providing about half of the funding for 13 major transportation projects, the penny T-SPLOST would generate about $1.2 million in direct funding each year for Barrow County’s smaller road projects.
Yearwood said he also hopes that the renovation of the county’s historic complex in downtown Winder would be finished by the end of this year, which is when his first term in office ends. Though several of his political supporters attended the event, he did not use the opportunity to announce whether he would seek a second term. The candidate qualifying period is in late May.
The county needs to hire some professionals, sure it may cost more up front but in the long run we would be better off. Just look at who they have to work with, it is money down the tolie. The commission could also hold the chair responsible
Our county would have more tax revenue if our horrible Commissioners would approve higher end housing, bring in business that would generate tax dollars. Instead they approve nothing but starter homes which you can see are vacant or run down ... no tax revenue there. Businesses on the Hoschton side of Winder is bleak. Braselton is bringing in great businesses maybe we should follow suit.
Businesses on the Hoschton side of Winder is bleak
05/16/12 at 08:03 PM
Hindsight is 20/20. Nobody could have imagined what was going on behind the scenes on Wall Street and in D.C. when those "starter homes" were providing jobs to the undereducated workforce in northeast Georgia. We need to grab the (dead) bull by the horns and figure out how our children and grandchildren are going to make a living. Continuing to elect self-serving politicians, not only in Barrow, isn't working. Don't be afraid to speak up (in public).
that is not true in 1989 warren Buffet made a statement that the stock market is not level playing field it is designed so he and people at his level make money first if by happenstance the people who bought into the 401k scheme which is overinflated the market beyong the 6000 point which is the top end happen to make money it is just by chance not because the market has it since the markets top limit is 6000 anything above that mark is simply ficticous......
public or private
05/18/12 at 06:01 AM
a bureaucracy is costly not only in ever-increasing payrolls but in human energy. For it must take great and
ever-increasing numbers of men from productive activity and set them to dreary work amid coils of red tape and masses of papers recording what other men have done and may perhaps be permitted to do, and ordered to do.
Also bureaucracies are stupid and sluggish impediments to the whole range of human activities, as anyone knows who has struggled to move under their clogging weight.
Bureaucracies slow down, impede and postpone the realization of the multitude's desires because they are not compelled, as in this American chaos business and industry were compelled, to serve those desires or perish.