Local governments across the United States are helping business owners and residents get connected to the Internet. Contrary to popular belief, initiatives like this do not increase local taxes. Local government officials are often hesitant to raise taxes, although cable companies can get away with regular price hikes and subsidizing across borders. Elected officials have to be accountable to citizens. Through a combination of tools and resources, local governments are able to provide fast, affordable, and reliable connections.
The top three ways that local government officials are able to offset costs and not increase taxes are by taking internal loans, creating revenue bonds and strategically avoiding costs. Internal loans allow for government departments to borrow money without requesting money from the state or an outside service. Revenue bonds allow specific projects to be privately funded. Through government redirects, officials are able to provide the proper connections through an existing provider. This solution is not for larger scale cities, it works best when implemented in small increments.
Many positive things happen within a community when community projects like this are funded. More jobs, economic development in the community; lower prices; more choices for telecommunications services; better educational opportunities; more local economic activity. There are over 400 municipal networks offering service to local businesses and/or residents in the U.S.
Here at LanCity, we want residents to receive quality service at the lowest price possible. Visit our service options to learn more about what LanCity has to offer!