View Single Post
  #3 (permalink)  
Old 11-21-2009, 09:04 PM
mugofbeer mugofbeer is offline
Participating Member
 
Join Date: Mar 2008
Total Posts: 2,580
Default Re: MAPS receives environmental awards

Jan. 2009 tax collections were right at $8 million for MAPS for Kids. That works out to a $96 million dollar annual collection. Monthly tax receipts during M4K rose steadily. Yes, in this bad economy, tax collections would be down, but as the economy recovers and as the anticipated inflation kicks in, tax collections should end up well above the $100 million annual mark. Whether this will be enough to cover inflation in construction costs is another issue but simple budgetary analysis of where they were in M4K tells you that $100 million is a very reasonable projection.
Reply With Quote