EPISD bonds–flexible if nothing else

October 16, 2016

Remember the Times building that our former city chief financial officer told us did not need much work in order for the city to move in?  ” Minimal due to condition of building” is the term she used in a presentation to city council.

The city told us before the moves that the cost would be about $33 million.  We have been able to document actual costs north of $70 million on this blog.

Shortly after our new city manager arrived she left the city.  The new people at the city have spoken publicly about the mess that the city’s finances were in when they started work.

Now she is the deputy superintendent of finance and operations at EPISD and is continuing her flexible approach to fulfilling promises.  When the Times recently asked her about $19 million of 2007 EPISD bond money that has yet to be even allocated the Times published this:

EPISD Chief Financial Officer Carmen Arrieta-Candelaria said the money could be used to bolster the 2016 bond plan “in the vent the board wants to allocate those dollars for something additionally or maybe if a project doesn’t come out with everything the board wants, the community wants.”

In other words, their estimates for the current projects may not be right and this money could be a neat slush fund.

We deserve better

Brutus


People do make choices

October 15, 2016

I spoke with a prominent El Pasoan the other day about the El Paso Times.

He said that walking through his neighborhood on Sunday mornings he sees more copies of El Paso, Inc. and El Diario de El Paso in driveways than he does the Times.

We deserve better

Brutus

 


EPISD teacher contracts

October 14, 2016

This came in from Dan Wever:

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EPISD bonds–secret discussions

October 13, 2016

The EPISD board held a special meeting on Wednesday, September 28, 2016.

This was the agenda item:

2. Meeting to be Closed under Section 551.071 of the Texas Government Code as follows:
A. Consultation with Legal Counsel Concerning Legal Issues Relating To:
1. Possible Board Action with Respect to the Use of Future Bond Proceeds, Related Savings, and Excess Property; Pursuant to Texas Government Code Section 551.071

 

We deserve better

Brutus


Sad Times

October 12, 2016

According to the September 24, 2016 Statement of Ownership, Management, and Circulation published by El Paso Times they distributed 26,190 copies of their August 26, 2016 edition.

The population of the city is somewhere greater than 681,000, with the county coming in above 838,000.

Using the city numbers that means that our only daily newspaper is bought by 3.85% of the population.  Many people in the newspaper industry think that each copy gets read by approximately 2.5 people.  That could mean that a whopping 9.62% of our population reads the Times.

Contrast that with the Albuquerque Journal with daily circulation around 90,000 copies and a population (including Rio Rancho) of about 650,000.

Just how relevant is the Times?

We deserve better

Brutus