Financial Institutions

I’m still working on this slowly. In my ‘hood, things are inherited or created or suggested by the sims I play.

Ethan Stratton (older brother of Kate Stratton) has been suggesting to me that he would like to start the first bank. He’s been working with his roommates to gain experience in the Sim Stock Market. So far he’s only lost money. But if he CAN do better, he might be able to get larger deals, such as investing the city’s money.

The city keeps its money in an online bank (Monique's computer). Jeanie Stratton is the treasurer right now. Her Servo Inge takes care of things.

Taxes are now in effect. Every year, sims will give 5% property tax which pays for city buildings, city events, and city employees. Those exempted from taxes are City Officals. (Aden Mellon, Jeanie Stratton, and Richard Mellon.)

There are other exceptions and discounts which are at Richard’s discretion.