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Facts by Area - All Cities

Everyone,

Below is a chart of our municipal debt, per person, (for every man, woman and child) in Volusia County cities with a population of 20,000 or higher. These numbers were compiled by Ormond Beach staff in response to Mayor Costello receiving VTR info and becoming curious as to how Ormond Beach  compares to surrounding cities. These numbers include both Commission authorized debt and debt voted on by residents such as under grounding of utilities,  new Police Stations, etc. These figures do not represent the cities TOTAL DEBT... these figures are only for general operations and infrastructure only.  This does not include debt for enterprise zones, (hospitals, etc., ) Community Redevelopment Areas, etc.  For those of you who are curious about the City of Holly Hill, it was not included in this chart as their population is below 20,000 however their total debt per capita in the general fund is $1,899.00.

So, for a family of four that live in Port Orange, the city is paying $11,576.00 towards just the general obligations debt!  Remember too the average wage here in Volusia County is about $33,000 per year.  Folks this is unsustainable and why Florida is one of the worse economies in our nation...

Also, VTR's budget study group has revealed the following:

The Debt analysis revealed  this.

Volusia county is $  298,959,000.00 in Debt.

The Combined Debt  of  all Cities in Volusia County is $678,228,000.00  

County Taxpayers are bearing the cost to  service $977,187,000.00 Dollars of debt. That’s nearly ONE Billion Dollars!

These totals do not include enterprise zones, CDDs  or other special Districts like Hospitals ( Bert fish 13 million etc) where  reporting standards are less stringent. 

On the Horizon!!

Volusia County will need to provide 237 million for  Sun Rail according to the Orlando Sentinel which will put us at 1.2  Billion in Debt!  $6000 per household.

We are on the verge of contributing 50 million per  year in the County to service debt !! For every  homeowner (approx 200 k) homes that is $250 per year .


It’s up to each of us to save our state, act now, sign up above to receive informational flyers, get involved and join one of our budget study groups...attend council meetings, run for office......

 E-mail us at contact@volusiataxreform.com  or call Margie at 386.212.3968 to get involved!

MunPerCapDebt

 

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Pd. Pol. Adv. paid for and approved by VolusiaTax Reform P.A.C.
Copyright 2010 .