It is quite obvious that the City Of Dallas is
not currently capable of living within its means. Tax revenue, even with
valuation increases, is not sustaining
Dallas operating expenses.
Smaller businesses like Woodard Paint & Body are
being "forced" to move to Richardson, Irving, Frisco, Plano
or Garland due to an unfavorable business climate.
Eminent domain techniques will vaporize small business in downtown Dallas.
Nearby cities LOVE what is transpiring.
The Dallas core is beginning to look like a bedroom community that cannot
foot its operating expense requirements. The new
Hotel, Bridges and Lakes will not bring in required city operating revenues.
Instead, they will be a drain on available budgets for maintenance
and other support needs.
The Dallas core is not close to being capable of providing employment income
for the "condo" occupants as are New York and other cities with employment
available "downtown".
Even the Dallas Urban Market struggles without subsidy. The Arts District
and Symphony Hall are drains upon tax dollars.
Just not the way to grow a city.
