EPISD bonds–planning failure

November 7, 2016

Could it be that the people behind the bond issue at EPISD really don’t think that the bonds will be approved tomorrow?

Are they planning to do a two step with a subsequent second attempt like the Ysleta district did?

Could failure of this bond issue become their excuse to make sweeping changes at the district?

Is it possible that they will work to eliminate waste, fraud, and abuse?

Am I getting carried away?

We deserve better

Brutus


Voter I.D.

November 6, 2016

Texas is now allowing more ways to identify yourself (or yourself as someone else) at the polling place.

We got this flyer in the mail the other day:

voterid_00002

So if you know someone that is not going to vote just show up with something from their mailbox.

We deserve better

Brutus


Money down the drain

November 5, 2016

Most of us remember the children’s hospital that was supposed to be financially self sustaining.  We only needed to give them permission to sell $120 of bonds and from then on the operation would pay for itself.  That did not turn out to be true and the children’s hospital ended up being part of the county hospital.

Back in 2008 the voters approved the sale of the bonds.  In June of 2015 we wrote in Paying on the never never that at that point we had paid almost $42 million in interest on the bonds while only reducing the principal amount about $6 million.

We have learned from a notice in the Times that the county was to hold  a public hearing on November 2, 2016.

The purpose of the hearing was to discuss the issuance of bonds used to refinance the original bonds.  According to the notice “The maximum aggregate face amount of the Bonds to be issued with respect to the refinancing of the Project is $120,000,000.”

We deserve better

Brutus


EPISD bonds–pigs get fat, hogs get slaughtered

November 4, 2016

Of course EPISD needs bond money to fix our schools.  Past school boards have neglected basic maintenance that should have been paid for out of maintenance and operations funds, not future bonds.

What they don’t need is a lot of money all at one time.

Take the case of the new Jefferson high school stadium.  The school board voted this year to spend $2.8 million dollars “leftover” from their 2007 bond issue.

By the way, we are not opposed to Jefferson having a stadium.  We are opposed to Jefferson having a stadium that the voters did not approve.

Leftover my foot

The voters did not authorize building the stadium when they voted nine years ago in 2007.  If for some reason the district ended up with unspent money it should have been returned to the voters by reducing debt.

Can you imagine what will happen nine years from now if we give the district over six hundred million dollars all at one time?

They can’t handle the construction involved with that much money in just five years.

The reasonable thing for the district to do is to ask for a smaller sum, say $100 million.  Tell us specifically what they want to do with it.  Convince us to approve the money.  Then do exactly what they said they want to do with the money in a short period of time.  Earn our respect and trust.  Then ask for another dollop.

We deserve better

Brutus


County judge and the Times editorial board

November 3, 2016

A concerned reader sent this in:

 

http://www.elpasotimes.com/story/opinion/editorials/2016/11/02/editorial-el-paso-threaten-small-towns/93143142/

Is there any doubt that Veronica Escobar is running the editorial board of the El Paso Times?
Hers is the uninhibited ego who tried to pull this coup d’etat at the MPO. Fortunately, our city leadership and Vince Perez had the wisdom to see that her ploy was unacceptable and disenfranchised 80% of the county’s residents … oh, and let’s not forget …  a violation of state law.
Noe and Acosta were giving the Judge and the small towns a simple message, “If you want to play with the rules, we can too.” Their response was Politics 101. As a city resident, I would be disappointed if they didn’t take this position.
The Times comes back and covers for Escobar. Have no doubt … Judge Escobar is in constant contact with Bob Moore. Positions like this one are a reflection of Moore’s unwavering allegiance to the Judge.
Gannett Co., Inc. (GCI), if you are reading this, please note … businesses threatened by emerging technologies do not survive when they are co-opted by B-caliber politicians.
Brutus, we deserve better.