This entry was posted on Wednesday, September 25th, 2019 at 5:00 AM and is filed under City government. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
The page is just more propaganda, misinformation and deception. The presentation includes lots of photos to make you feel bad about the state of current facilities, which raises the question of past mismanagement of maintenance.
The website page says:
“For a household with a $100,000 home, the City currently estimates that property taxes would increase an average of $12 each year for the first six years, rising to a total annual average increase of $72 by year six.”
That statement is intentionally misleading. It fails to say that those increases are just to cover the debt on this proposed bond. Those amounts would get added to any other tax increases imposed.
And then there is the language at the bottom of the page:
“The total proposed bond amount is $413,122,650*.
* Amounts listed are preliminary estimates subject to change. Actual use of any approved bond funds will be determined by subsequent action of City Council.”
The disclaimer footnote is in small type about a sixth the size of the other information. That disclaimer also appears in tiny type on the printouts.
My big issue with all of this is that they want to spend a half billion dollars in ways that do not put any additional police or firefighters on the streets, while the public safety pension funds remain underfunded by as much as the entire bond.
The only winners in this are construction companies. I’m betting that Foster Jordan Construction will be the big winner.
You have to click a little below the words Learn More, which just goes to prove once again that the City of El Paso can’t maintain anything correctly.
LikeLiked by 1 person
Good catch. Looks like you can click on anything other than the text.
LikeLiked by 1 person
The page is just more propaganda, misinformation and deception. The presentation includes lots of photos to make you feel bad about the state of current facilities, which raises the question of past mismanagement of maintenance.
The website page says:
“For a household with a $100,000 home, the City currently estimates that property taxes would increase an average of $12 each year for the first six years, rising to a total annual average increase of $72 by year six.”
That statement is intentionally misleading. It fails to say that those increases are just to cover the debt on this proposed bond. Those amounts would get added to any other tax increases imposed.
And then there is the language at the bottom of the page:
“The total proposed bond amount is $413,122,650*.
* Amounts listed are preliminary estimates subject to change. Actual use of any approved bond funds will be determined by subsequent action of City Council.”
The disclaimer footnote is in small type about a sixth the size of the other information. That disclaimer also appears in tiny type on the printouts.
My big issue with all of this is that they want to spend a half billion dollars in ways that do not put any additional police or firefighters on the streets, while the public safety pension funds remain underfunded by as much as the entire bond.
The only winners in this are construction companies. I’m betting that Foster Jordan Construction will be the big winner.
All of this pushes El Paso closer to bankruptcy.
LikeLiked by 1 person
This is what you get when you don’t care because you know big spenders on city council will just keeping getting reelected.
LikeLike