Wednesday, September 9, 2020

Good news continues to flow from Pinecrest. Government spending kept in check results in dividends to residents

Good governments manage their spending. Deficit spending is the first sign that the elected officials are not watching out for the taxpayers. Reserves are just that: reserves, rainy day funds that should be borrowed, then put back within a reasonable time.  "If you use a commodity or resource carefully and without extravagance you will never be in need."

Pinecrest managed its spending and the services during the COVID-19 storm. The result? A dividend to the taxpayers in the form of reduced property tax rate. This is appropriate. The same should be true in Palmetto Bay, especially as crimes dropped due in part to people working form home, where they kept an eye on their property, and a significant reduction in park expenses due to a curtailing of activities. 

Government officials are measured by how they manage issues. Did the Elected Officials buckle down and manage or did they fail to react, adjust and rely upon casting blame on others and put out propaganda and distraction to cover their mistakes?

See my prior related post of September 2, 2020, Good News report from Pinecrest. No tax rate increase, no cuts in services, no need to raid reserves.

This is wonderful news in these COVID times. Pinecrest managed COVID-19 without any adverse financial impact on their residents. Pinecrest is set up for reimbursement from FEMA. No deficits were incurred.

Success is where preparation meets opportunity. COVID-19 reached everyone. Those where were prepared, dealt with it and came out unscathed. Those who failed resort to playing victim, blaming others and point fingers.

There has been no silly spending in Pinecrest. Revenues have been spent on providing Pinecrest government services. A true case a "waste not, want not."

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