help, I need a quick lesson on city finances

[goddess40]

I'm running for alder-person and I have a vague idea was a TIF district is but I don't know what a levy is. As in we use a levy instead of borrowing money....

Can anyone help me with some basic definitions or give me a web site or a book that would help me out.

[ArbustoBuster]

1. A levy is a tax.

As opposed to a bond issue, which is borrowing.

I recommend going to a current Democratic alderperson and asking for the rundown on the city's day-to-day business. If your local Democratic party are good people (and they should be) they'll be set up to help new candidates over the hump of their first campaign.

IANAC (I Am Not A Candidate) :)

[goddess40]

2. Thanks,

I did talk to someone at city hall today and tomorrow I talk to the financial administrator.