The city that outsourced everything
(By Ed Morrissey, Hot Air) - With pension bombs and bond defaults, the cities of America are looking at a bleak future, burdened by huge long-term liabilities and declining revenue to fund them. In some cities, the crisis means choosing between cuts to public services or massive tax hikes that will drive off businesses and families. In Sandy Springs, Georgia, they’re trying to decide where to invest their surpluses instead. Reason TV takes a look at how necessity and a desire for independence put Sandy Springs on the map, and then in the black, all while offering a higher level of municipal services at a much lower cost:
While cities across the country are cutting services, raising taxes and contemplating bankruptcy, something extraordinary is happening in a suburban community just north of Atlanta, Georgia.
Since incorporating in 2005, Sandy Springs has improved its services, invested tens of millions of dollars in infrastructure and kept taxes flat. And get this: Sandy Springs has no long-term liabilities.
This is the story of Sandy Springs, Georgia—the city that outsourced everything.
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