> Aside from the impacts to homeowners, municipalities that are heavily reliant on property taxes for revenue are also highly vulnerable to budgetary shortfalls

> Aside from the impacts to homeowners, municipalities that are heavily reliant on property taxes for revenue are also highly vulnerable to budgetary shortfalls. These municipalities are concentrated in coastal counties In other words, municipalities don't have an incentive to be transparent. Transparency means a drop in revenue. For example, after Hurricane Sandy (2012) the state of NJ ran the "stronger than the storm" advertising campaign (in 2013) under then Gov Chris Christie. There was little talk about possible alternatives (i.e., being selective about where and what to rebuild). Instead the state collectively stuffed its head in the sand and the taxpayers dug deeper into their pockets. It's only a matter of time before "stronger than this storm too".