Thursday, August 14, 2008
unconcerned
The City is projected to have a defict next year of at least 1.5 MILLION dollars. Where will they get the money to cover these debts? They will take it out of our Reserve Fund. They have already taken 500k out to help pay for the new gym project and our reserves are dangerously low. We are a bad hurricane or two from being insolvent, bankrupt. Who is responsible for us being in this precarious predicament? The City Manager and his $400-600+ a square foot construction fiascos deserve a LOT of the blame. The Council should also shoulder considerable responsibility for not providing any significant oversight on these projects and basically rubber-stamping whatever the City Manager says it costs. How will they pay for their latest debacle? Once they have drained the Reserve Fund they will raise our taxes to cover their butts. At a time where residents are struggling to put gas in their car, food on the table, and make their mortgage payments they will raise our taxes to cover for their amazing lack of economic awareness, fiscal irresponsibility, and horrible mismanagement of each and every significant construction project in recent memory. Instead of tax relief we get 3 more chances to sell off EVERY possession we have ever ac ulated. THAT is their solution for us to avoid personal bankruptcy. Their idea to avoid municipal bankruptcy is to raise our taxes. They really arent concerned with the plight of the residents because, as those HUNDREDS of THOUSANDS of dollars disappear, they can always raise our taxes to cover it! We are a deep-pocket, never ending ATM that just keeps on giving and giving, no matter HOW horribly mismanaged the City is.
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