I provide this background to provide some of the context for why I support continued, slight reductions in the tax rate and in the amounts you pay in property tax. I believe in taxation for the purpose of providing services - good ones - and its just not clear to me that we couldn't make further small adjustments in tax rate so we aren't just holding onto this money, year after year.
I'd also note that, after reviewing Montgomery County budget documents and Takoma Park budget documents, the county's budget went up from ~$2 billion in 1998 to $ 3 billion in 2006 - a 49 percent increase. Meanwhile Takoma Park's budget went from $10.9 to $18.2 million in that same time - a 68% increase. And more recently - 2006-2013 - the county's budget grew by 18% while Takoma Park's grew by 34%.
I support our strong services and advocate for expanding them and believe we can do so with a more informed, less conservative approach to maintaining fund balances year after year.