12 March 2017

Hitting A Financial Wall > Here in Mesa?

The Shape of Things to Come
March 10, 2017 by Johnny Sanphillippo                                   
Source and taking-off point : Strong Towns
When is Mesa Mayor John Giles gonna realize that this could be what NextMesa really is?
Communities are hitting a financial wall.
Current tax revenue is entirely insufficient to cover the ongoing maintenance of municipal infrastructure – and by “infrastructure” the writer of the source article mean public services and staffing levels as well as the physical roads, pipes, and civic buildings.
There simply isn’t enough productive private economic activity to support the underlaying public chassis that’s been built since World War II.
So we’re in for a great deal of deferred maintenance, failed pension obligations, reductions in services, higher taxes (which will be called “user fees” and “code enforcement”) and ultimately default on public debt.
That’s already baked into the 'budget pies'.
Action to deal with the $20+ Million unfunded liabilities and skyrocketing costs of pensions/benefits is getting put off until later at the same time the city is asking for 5% cuts in all departments ....yet it can spend about $800,000 for khaki pants and polo shirts? ... nothing' wrong about that, right?

Giles thinks getting into political office is 'like a marathon' --- whether or not this practicing personal injury/accident law attorney [usually referred to as 'ambulance chasers'] for the last 20+ knows what's ahead is open to some doubt when he constantly says in public that "Everything is great ...."


 

 

No comments:

Some Articles from Techdirt FYI

  Mozilla Drops New Privacy Partner After CEO Found Tethered To Data Brokers Privacy from the  this-is-why-we-can't-have-nice-things  de...