This came in from Mr. Tim Holt:
https://www.texastribune.org/2016/10/24/analysis-high-property-taxes-start-austin-not-scho/
The article explains much about the way schools are financed in Texas.
We deserve better
Brutus
This came in from Mr. Tim Holt:
https://www.texastribune.org/2016/10/24/analysis-high-property-taxes-start-austin-not-scho/
The article explains much about the way schools are financed in Texas.
We deserve better
Brutus
Weeks after the story about the $2.9 million payment made on behalf of the Camino Real Regional Mobility Authority (CRRMA) came to light the El Paso Times has finally printed the name of the CRRMA employee involved.
It would not have been hard to do that earlier since the authority only has one employee. Word around town is that the Times did not want to tarnish the reputation of one of its protected ones.
Now we know that the employee in question is Raymond L. Telles.
The board of the CRRMA consists of these members:
Susan A. Melendez
Joseph D. Wardy
Les Parker
Joe R. Fernandez
David C. Nemir
Yolanda Giner
Martha Y. Reyes
If you know any of these individuals you might want to tell them what you think about the loss of $2.9 million.
We deserve better
Brutus
We wrote Checking your work two weeks ago and pointed out that the Sun Metro web site was not showing their Mass Transit Board’s agendas or minutes.
The Mass Transit Board is composed entirely of city council members.
As of today the problem still has not been fixed.
We know as a fact that members of city council read this blog. Have they ignored the problem or are they trying to hide something?
Would someone be kind enough to call Sun Metro? They list 915/212-3333 as their phone number.
We deserve better
Brutus
Dan Wever brings up an interesting point:
That having been said we should hope that there is a way to look under the covers of this deal between two publicly traded companies. The corporate lawyers and accountants have probably done a good job of combining the numbers so that it will be hard to tell what they valued the El Paso refinery at. Then again they may have slipped up.
Any increase in taxable value of the refinery will probably only benefit the taxing entities in future years.
In A dollar here, a dollar there we wrote about a current school board member’s inability to do some simple arithmetic. She had written that an increase in the refinery’s value from $280 million to over a billion dollars was “about a 200% increase”.
We deserve better
Brutus
I guess that I should be proud to be thinking similarly to Rich Write over at elchuqueno.com, The link should take you to an article he posted on November 28, 2016. The post below was written on November 26 but was not scheduled to be posted until today:
The Texas comptroller keeps track of each city’s debt.
This clip came from the comptroller’s web site last week:
It tells us that from 2005 to 2014 our per capita debt increased by 83.9%.
We probably should expect that with the $470 million or so of quality of life bonds that we approved.
Except:
The comptroller’s analysis shows the quality of life bonds substantially unissued.
We deserve better
Brutus
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