Monday, October 19, 2009

City Budget Introduced

The crowd gathered for the proclamation with photographers, recorders and reporters at the fringes. The Mayor brought coffee to the lectern, casually sipped from the cup and proceeded to introduce the budget document.

“Every challenge amount to an opportunity,” he proclaimed as he dove into his monologue announcing the decline in State shared revenue funds of from 2 to 5%. (The actual amount, he then went on to admit, was 2%.)

The shared revenue drop was $400K but the city cut back in spending an amount of $628K. The appearance is that he covered the drop, with some to spare. But in the end, the tax levy still increased $634K over the estimated spending for 2009.

The tax rate will finally rear its ugly head. Tax rates have declined for eight years according to the budget document. My guess is that it has been longer than that. But the chart only goes back to 2001. The burgeoning housing market driven by speculation and lowered interest rates have allowed the Mayors Smith and Becker to cloud their spending proclivities claiming a drop in the tax rate.

But not this year. The tax rate will increase about 6%. But that is only a start as the City Assessor has continued to proclaim false assessments between 50 and 100% above actual fair market values of properties.

Dickert says he did not lay off any bureaucrats because of the 17% unemployment rate. He backs up this position stating,“Never in my life have I seen such selfless sacrifice as I have this year,” referring to the role the bureaucracy played in keeping the budget at the level at which it came out.

He finished his presentation with statements about his plans with housing, crime and jobs.



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