Sunday, 26 April 2009

A poem about local government finance

Local councillors are hounded,
when school projects go unfunded,

But they will never meet demand,
For they don't really understand,

The extensive nomenclature,
Of capital expenditure.

Borrowing puts debt in front of you,
And it will come out of your revenue,

And raising council tax im hearing,
Could lead to extensive gearing.

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