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May 13, 2008

Onion headline: "Growth fails to pay for self"

The News and Observer reports that Wake County faces a budget gap of $51.5 million.

The biggest source of the shortfall is school costs:  "The biggest increase comes from the Wake County school board, which has requested $54.7 million more in county funding."

The paper reports that "Johnna Rogers, the county budget director, said she has never seen a budget gap as big as the current $51.5 million."

What's going on here?  The developers and builders said that growth would pay for itself!

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