3 ms·
We can perform an intuivite verification of this by dividing the city revenue/expenditures over 1. residences, 2. area, 3. people. Example: San francisco has a
by conanbatt 8y ago
We can perform an intuivite verification of this by dividing the city revenue/expenditures over 1. residences, 2. area, 3. people.
Example:
San francisco has an 11 billion tax revenue[1]
It has 880.000 residents [2]
It has 121 km2 [3]
It has 345,811 Households [3] (note this is an old census, the number has probably gone up a bit)
11 billion / 880.000 = 12.500 U$S
This means that every resident in the city would have to pay 1040U$S a month (including babies and elderly) just to pay for the city revenues.
11 billion / 121km ~= 91 million in expenditures per square km.
11 billion / 350k household ~= 31,500: each household has to pay 2625 a month just to maintain the city revenues.
Kind of impressive isnt it!
[1] https://www.sfchronicle.com/bayarea/article/SF-s-budget-soars-by-937-million-and-will-top-12955416.php https://www.sfchronicle.com/bayarea/article/SF-s-budget-soar...
[2] http://worldpopulationreview.com/us-cities/san-francisco-population/ http://worldpopulationreview.com/us-cities/san-francisco-pop...
[3] https://en.wikipedia.org/wiki/Demographics_of_San_Francisco#Education,_households,_and_income https://en.wikipedia.org/wiki/Demographics_of_San_Francisco#...