2002_0506_packet - Laserfiche WebLink

Home

4. FINALLY, I BELIEVE CHARITABLE ORGANIZATIONS �'VITHIN OUR CITY SHOULD NOT BE TAYED OR ASSESSED FOR INFRASTRUCTURE. �'VE'RE RICH ENOUGH THAT �'VE DON'T NEED TO TAKE 1�'IONEY THAT �'VOULD OTHER�'VISE GO TO CHARITABLE PURPOSES. �'VE CITIZENS BENEFIT GREATLY FR01�'I HAVING CHURCHES AND OTHER CHARITABLE ORGANIZATIONS �'VHEN �'VE ARE BUYING GOLD PLATED STREETS AND STREETSCAPES, AND OTHER�'VISE FLAUNTING OUR CONSIDERABLE �'VEALTH, �'VHY SHOULD �'VE HIT ON CHARITIES TO FINANCE OUR RICH LIFESTYLE? CONCL USION EYCEPT FOR BRAND NE�'V CONSTRUCTION SUCH AS NE�'V HOUSING PROJECTS LIKE 0�'VASSO HILLS, AND THE NE�'V T�'VIN LAKES PARK�'VAY, GIVE UP THE ASSESSi�'IENT HABIT. PLAN FOR 1�'IAINTAINING OUR PRESENT INFRASTRUCTURE THROUGH BUILDING UP THE NECESSARY RESERVES THROUGH ANNUAL PROPERTY TAYES, AND ALSO UTILITY FEES. �'VE HAVE 1�'IANY NE�'V PEOPLE ON STAFF AND ON THE COUNCIL. HAVE YOUR FINANCIAL DIRECTOR, CHRIS 1�'IILLER, UPDATE YOU AS A GROUP SOMETIME ON J[1ST HOW RICH WE ARE. I'M SURE OUR FORIVIER FINANCE DIRECTOR, ED BURRELL �'VOULD ALSO HELP 1�'IR. MILLER. YOU NEED A 10 YEAR FORECAST OF THE CITY'S INCOME STREAi�'I FR01�'I PROPERTY TAYES, INCLUDING THE ADDITIONS COMING ON STREAM FROM TAX INCREMENT DECERTIFICATIONS, UTILITY CHARGES, PRIOR YEAR ASSESSi�'IENT COLLECTIONS, THE RESERVES ON HAND TO FINANCE CERTAIN EYPENDITURES SUCH AS ROADS (THE $10 MILLION INFRASTRUCTURE FUND), AND THE SCHEDULE OF DEBT REDUCTION. IN OTHER �'VORDS, YOU NEED TO KNO�'V H0�'V 1�'IUCH YOU HAVE AVAILABLE TO SPEND ON ROADS AND BUILDINGS �'VITHOUTH HURTING THE TAYPAYERS �'VITH LARGE INCREASES IN THEIR ASSSESSi�'IENTS. I DON'T THINK C01�'IPARING US TO OTHER NEIGBORING CITIES IS HELPFUL. THEY'RE OUR POOR NEIGHBORS, AND �'VE'RE THEIR NEIGHBORING 1�'IILLIONAIRE. THEY DON'T HAVE THE RESOURCES AVAILABLE TO THEi�'I THAT �'VE HAVE. NONE OF THEi�'I HAVE A REGIONAL SHOPPING CENTER TO DRA�'V 1�'IONEY FR01�'I LIKE �'VE D0.