mrfootball Posted April 25, 2006 Share Posted April 25, 2006 Question...why can't School Districts with their quasi-governmental powers (ie. authority to tax) exercise proactive measures to shape their community and tax base? For example, what if a school district found that they needed to enhance their commercial mix to go along with their extensive residential tax base in order to ensure their funding. Why couldn't a school district get into the commercial real estate (or residential real estate on the flipside) game? These school districts have enormous financial resources and wield a great deal of jurisdictional power...What stops them from doing this?Could a school district like Cy-Fair, Katy, Klein, or Conroe purchase a large tract of land for the sole purpose of creating a new commercial tax base (ie. Town Centers)? Do they currently do this? Should they? Quote Link to comment Share on other sites More sharing options...
editor Posted April 25, 2006 Share Posted April 25, 2006 I think because the cabbage-head activist parents who don't understand why this is a good idea will freak out. "Think of the children!" They'll go off about how this shouldn't be done because there isn't enough money for school books, and then turn around and approve millions for a new stadium for Friday Night Football. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.