Quote:
Originally Posted by Rusty
" Cash Cows" are a product, business, etc, that generates a continuous flow of money or a high proportion of overall profits.
Wolfeboro gets @70% of it operating revenue from "water front" property owners.
I would say that the term "Cash Cows" that was used by someone at the "town meeting" was/is pretty accurate. |
From what I've been told Gilford is the same way. Most of their tax money comes from waterfront homes.