For a group that did nothing but whine about “economic damage from Covid” for three years straight and tried to pilfer federal funds based on that lie, they sure have been skimming record amounts of tax dollars from the citizens!
For the fiscal year ending September 30, 2022 they hauled in a record $466,975 (Part VIII row 11a).
For comparison, the previous year was $422,532 and the year before that was $348,835 – for a 34% INCREASE in just two years.
This is thanks to the raging inflation we have seen.
As recently as 2018, they had never even hit $300,000 in a year. It is also TRIPLE the amount they took in back in 2003.
Think about that for a sec: the population of Lampasas is up about 12% since the year 2003. But sales tax receipts skimmed by the LEDC during that time went from $145,559 (see page 6) up to $466,975 –an increase of 220%
Since the skimming started back in 2001, the LEDC has pocketed a total of $5,350,950.00 from the taxpayers.
So to recap: population up 12% and sales tax money swiped from citizens up 220%. And you wonder why you can’t afford shit these days. Government at ALL levels is a bottomless pit of spending.
If you want to see what you got for all that, drive out of town on 183 heading south and take a gander at the 151-acre goat pasture that has sat empty for 21 years now!