Economic future in Virginia Beach? It’s an oxymoron, but that doesn’t keep VNS municipal blogger from outlining the resort city’s future:  Bright or Bleak?

In a series of upcoming blogs, O’Connor will paint a broad brush picture of population growth, real estate assessment (ripoffs) and tax rate, expenditures based on the last 5-year forecast and previous ones.

Then, he will bring into the equation loss of Navy jobs, infrastructure, resources, declining tax revenue from declining property values, low-priced jobs, review of tourism, and evaluate the mismanagement of all city resources by the City Council and bureaucratic staff.

You need to follow this series to see how the government has gotten into your billfold and how much more it will need to steal to cover its previous bad development decisions and mismanagement. Click here for rest of the story:

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