Fiscal Responsibility – More than a Zero Per Cent Tax Increase – Part 2

The best predictor of future performance is past accomplishments.  In my previous post, I suggested that true fiscal responsibility requires the wisdom to balance funding requests with the capacity of citizens to absorb a municipal tax increase. Council needs to have a clear picture of future infrastructure needs and costs associated with quality of life…

Fiscal Responsibility – More than a Zero Percent Tax Increase! – Part 1

Just what is fiscal responsibility? We hear this term bantered about so often and never more than during an election.  Especially this one.   All candidates will talk about the need to be fiscally responsible.  To some, fiscal responsibility means “no tax increases”.    The corresponding economic theory is that government doesn’t create wealth.  Only business growth…