Hickory is like a living thing. It needs a steady flow of water, power, and data to stay healthy. But right now, there's a $1.3$ billion hole in our infrastructure metabolism. We’ve spent decades giving away the store to attract industry, but the "Clogged Radiator" has finally caught up with us.
This isn't just 1 bad budget year; it’s 3 overlapping hits to our regional system:
The Lost Revenue: $1.15$ billion in tax exemptions handed out over 7 years.
The Physical Damage: $1.3$ billion in infrastructure repairs needed after Hurricane Helene.
The Fiscal Floor: The reality that the entire 11-county region only collects $1.3$ billion in property taxes per year.