Posted on 05/21/2015 3:23:15 PM PDT by Oldeconomybuyer
Ferguson city leaders project a $2.5 million budget shortfall during the current fiscal year and a similar shortage in fiscal 2016, largely due to the unrest and fallout after the fatal police shooting of 18-year-old Michael Brown, the town's mayor said Thursday.
Mayor James Knowles III said several businesses damaged or destroyed in the riots have not returned, so sales tax revenue is about $400,000 less than budgeted. The city voluntarily agreed to reduce the amount of money collected through the municipal court. Beyond that, police were issuing few tickets in the months after the shooting because they were too busy dealing with protests, Knowles said. As a result, municipal court revenue for the current fiscal year is expected to be $1.2 million — about half of what was projected.
(Excerpt) Read more at abcnews.go.com ...
Hands up, throw the money in my hands. That’s what that guy Sharpton is alllllllll about.
Just imagine if they took federal welfare checks out of the equation. They’d be done tomorrow
Just blame the racist white man and all is well.
They aren’t suffering from the shooting, they’re suffering from the riots.
Starve scum.
That’s okay.. DOJ AG Loretta Lynch is busy shaking down the big banks so she can cut more checks to the black community organizers. Thanks, Congress.
Shoot!, Shoot!
HAHA!!! Pi$$ on them. They burned it down. Let them figure out how to rebuild WITHOUT a bailout.
Ferguson’s in the process of becoming a hellhole...
Maybe all the people that were paid to protest can help bail them out.
If the link to Soros can be proven, why shouldn’t he be sued to cover the financial protest-related loses the city has experienced?
ABC/AP story says that “several businesses” were looted or burned. SEVERAL? What is this reporter smoking? LSD-laced horsecrap?
What geniuses in Ferguson. You burn down your business district and you’re not making profits. I guess St. Michael the Thug memrobilia isn’t selling too well these days either.
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