City briefing on increasing bond costs

City council is going to have another one of its “special” meetings Monday, January 8, 2018.

The city says they are special because they are not part of the regularly scheduled Tuesday meetings.

We think that they are special because they are not held in the regular city council meeting room and the video tapes of the meetings are seldom posted on the city’s website.  It looks to us that they hold these meetings to do things that the public is not made aware of.

This meeting will consider two special items.  One of them is a briefing for city council members on the impact of the recent tax legislation passed in Washington.

The effect of the legislation will be to make bonds more expensive to El Pasoans.

Remember that the city has yet to issue over $450 million of bonds that were authorized in the 2012 bond election.  This shows the breakdown.

We don’t expect the city will tell us how much this is going to cost us anytime soon.

We deserve better

Brutus

 

7 Responses to City briefing on increasing bond costs

  1. Justathot says:

    Winton Flair has deep discounts on homes in Santa Teresa. Maybe its time to look.

    Like

  2. Anonymous says:

    So how do WE file complaints against Dee Margo and Silly Council for VIOLATIONS of the States “Open Meetings Laws”?? Nothing happened the last time did it? These people just do whatever they can get away with. THEY don’t represent US, THEY only “Represent” themselves and whatever THEY can do to US. Thought there was an “Ethics Committee” at City Hall. Apparently even THEY, whoever THEY are, have NO ETHICS or INTEGRITY. Think I will ask the Attorney General about the Open Meetings LAWS and IF they apply to El Taxo politicos.

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    • Brutus says:

      The special meeting was properly posted. There is no legal requirement that they post a video.

      While legal, their actions are not consistent with the intent of the law–in my opinion.

      Brutus

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    • Justathot says:

      Nothing can be done. The eggbeaters at airway prove no one cares

      Like

      • Helen Marshall says:

        Check out the archways in Kern Place, supposedly celebrating a “Heritage Corridor,” which in this case is Cincinnati from Stanton across Mesa to Oregon for the second archway. That’s the “entertainment district,” and a CVS pharmacy and the back side of the bus transfer station. What heritage indeed! Don’t even bother to ask how much they cost.

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  3. Tickedofftaxpayer says:

    I suspect folks with high property taxes and the senior option that allows property taxes to be paid in quarterly payments the year they are due, may now be motivated to take that option in higher numbers now that the cap on property taxes falls below the standard deduction. That’s got to worry the tax and spenders. Add to that rising interest rates and higher construction costs and it’s not a pretty picture for the build it and figure out how to pay for it later crowd.

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  4. JerryK says:

    I thought the tax package was meant to f*ck the Blue States? Then I remembered, we’re our own Blue State.

    Like

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