You would think that one of the richest, if not the richest city in America, would be able to afford whatever it needed. You would think that it wouldn’t house a depleted police force or own some of the worst roads in the country.
Despite the boom of technology sales in Silicon Valley over the past decade, the city of San Jose is struggling to keep its head above water. According to The Atlantic, 1,700 government workers have been laid off over the past few years while police and firefighters have had to take significant pay cuts to keep the city from bankruptcy. The city's infrastructure is so bad that they have a billion-dollar backlog of deferred maintenance costs.
San Jose has to find a way to bring in more money. A sales-tax increase is only going to take care of some of the problem, but what citizen wants to pay more sales-taxes? Let’s make this clear, San Jose is not the only city in America that is struggling with budget issues. There are countless cities and counties in every state that suffer from the same problem. There has to be a better way for local governments to bring in revenue or retain money in areas that can help them afford the basic maintenance costs that their town's need.
Cities and counties in Kansas have had to prepare for budget cuts due to the tax lid that has been imposed. “In 2015, Kansas lawmakers passed a law known as a "tax lid" that requires cities and counties to get voter approval before they could increase property tax revenues from one year to the next beyond the rate of inflation,” according to Lawrence Journal-World. Many counties in Kansas have had to make budget cuts to prepare for this tax lid. Take into account the rising healthcare insurance costs all over the country and these counties are truly going to have to make substantial cuts to the budget in order to ensure that there is enough money to compensate government employees and pay for vital programs: transportation, health, education, and law enforcement.
Other cities and counties across United States are suffering from these same problems and more. One of the big problems that you now see local governments running into is the inclining cost of programs. Many times, a city will have a program in place that has been there for 50+ years. In some cases, it's a staple of their community. But, costs such as building maintenance, employee salaries, or other resources become too much for the city to handle causing the program to be downsized or shut down. In other cases, the implementation of a program that is desperately needed for the city can’t even get approved because of the high costs and lack of money in the budget.
There is good news for all of the struggling local governments. You have the ability to change your budget. You have chance to put cash back in your government that can fund these programs, help pay for maintenance costs, or give your city employees the salaries they deserve.
All you have to do is give Espy a call. When you entrust us with your telecom audit, our experienced team of professionals will dive in to your service provider’s invoices and records to identify every expense and assess that expense for accuracy and marketing pricing. The best part about this whole process is that your fees are contingent on the benefits provided to you. Meaning, if we don’t find and correct errors in your invoices, you owe us nothing. When we do find cost recovery opportunities for you, we don’t implement the changes until we get your approval. So, when I say that there is no risk to you, there truly is no risk. You have the chance to save your government money.
As always, thanks for reading this week. We hoped that you enjoyed it and got something very useful from it. We will talk to you next week.