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Archive for Thursday, July 19, 2012

Spending restraint

July 19, 2012

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To the editor:

I wholeheartedly support your July 13 editorial, in which you question the wisdom of city officials proposing a variety of multimillion-dollar projects in light of existing economic uncertainties.

In addition to your points, county officials are considering over $1 million of budget increases and, based on recommendation this spring, the school district will most likely propose a multimillion-dollar bond issue for school upgrades or new construction.

These local governmental increases will come with sales tax and personal property tax increases plus the bond issue. These increases will come in spite of the city approaching the maximum on our “general debt obligation guidelines.” Just as the federal government can vote to raise the national debt limit in order to spend more money, the city commission has the power to raise those “guidelines.” But is that a wise, responsible decision?

Meanwhile, county officials expect a $250,000 reduction in state funds this year and even greater cuts next year. Most alarming, the county appraiser anticipates a 2 percent to 4 percent drop in property values next year. Each 1 percent drop is roughly equivalent to a loss of $1 million in local revenue.

Clearly, now is time for our local officials to face up to the weak financial future and to distinguish “needs” from “wants.” In that process there should be no new sales or property tax increases and no new long-range financial obligation through new bonds.

Comments

cato_the_elder 2 years, 5 months ago

"Clearly, now is time for our local officials to face up to the weak financial future and to distinguish 'needs' from 'wants.'"

Absolutely correct. However, nothing will be done about it until people who share that point of view run for local public office, get elected, create majorities within their respective elected bodies and thereafter not be swayed by the strange combination of ex-hippies and yuppie elite who have no clue about fiscal responsibility and continually inflict one boondoggle after another on Lawrence and Douglas County taxpayers.

Concerned citizens, run for public office and get elected. It's the only way you can make a difference.

Peter Macfarlane 2 years, 5 months ago

Let's start by not throwing more money at the police department. It's been growing like topsy over the last decade without that much of a reduction in the rate of serious crime. however, if you count traffic tickets, well .....?

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