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Successive governments have funded capital projects off the balance sheet through vehicles like the private finance initiative, which were another way for investors to extract an income.
Mr. Ward said that neighboring districts -- he mentioned Northport, Commack and Port Jefferson -- were already higher than the $127 per capita in taxes envisioned under a fully funded capital improvement plan.
"On this basis, the ANAO has doubts about the eligibility of deductions claimed for the cost of debt and equity funded capital, excise paid on crude oil and excise paid on condensate," the report warns.
If the past is prelude, the coming years will likely see reduced discretionary spending and fewer publicly funded capital projects -- as well as a myriad of ideas on how to increase revenue from property taxes, fines and other actions that have served as a disincentive to new investment.
The government partly funded capital and operational costs, and provided health staff and medical supplies, while external funders contributed to other costs such as medical equipment and furniture, utilities, three security guards, over-time for nurses, training and educational materials, and peer educator costs.
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As The Economist pointed out earlier this summer, much of the investment that's gone into China has funded capital-intensive projects, rather than labor-intensive ones.
They envisage allowing the public finances to go into deficit to fund capital investment.
In a resource-poor country and city, funding capital improvements is difficult.
It would reduce governments' need to fund capital spending, and allow this to increase.
Airports can fund capital improvements by levying fees on passengers and airlines.
Economies grow precisely because consumers do not spend but loan their savings to businesses to fund capital investment instead.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com