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Tuesday, September 8, 2009

Proposed 2010 City of Brownsville Budget

To review the proposed City of Brownsville 2010 budget, click here.

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Anonymous Anonymous said...

Like Nancy Reagan would say, "JUST SAY NO." The Commission should also seek meaning from her phrase in regards to the Brownville Budget and all these requests for funds. I sleep well every night because of the fact that, I told you folks about these citizen increased obligations that resulted from bad governing decisions from chosen individuals that began in the mid 1980's and seems to be continuing at the present moment. Not all of them, but a good number of them. Commissioners Gowen and Zamora are not included in that group since they have just began. The Farmer's Market however does raise a Red Flag. My reasons are reserved for later discussion.

Robert "Captain Bob" Sanchez

Tuesday, September 08, 2009  
Blogger The Merovingian said...

Welcome back to the fray.


Tuesday, September 08, 2009  
Anonymous Anonymous said...

And yes, it did raise eyebrows Captain. Let's discuss the Farmers Market vote. If someone is the registered agent and votes to fund it, how is that not a conflict of interest? Ignoring your nemesis Mark Sossi's mind-boggling legal assurances that anyone can be a registered agent because it doesn't mean anything, common sense dictates it does mean something.

Why won't the commission vote on the issue to determine if it is a conflict of interest and remove her from office? The city charter under qualifications clearly gives the commission the right to remove her, the managerial officer, and directors from office if they fail to meet the qualifications for office. Doesn't matter if she is new, Captain. Metaphorically even an anti-Christ begins small and unassuming, does he not? Best to nip in the bud. Things have got to start changing. Fast.

Wednesday, September 09, 2009  
Anonymous Anonymous said...

It is said that the city commission is only going to raise taxes by 2 cents.

The City of Brownsville tax rate is made up of two parts:
1. Maintenance and Operation (M&O)
2. Debt Service (P&I)

What Does Debt Service Mean?
Cash required over a given period for the repayment of Principal and Interest (P&I) on a debt.

The current city tax rate is as follows:
M&O is .355062 and the Debt Service (P&I) is .295455 for a total of .650517

It is important to keep in mind that the total tax rate of .650517 is made up of the two parts.

So let’s see what is about to be voted on.

According to the proposed budget we are going to need less money to pay our Principal and Interest (P&I). So part two from above went down from the .295455 to .270204. This is a 2.5251 cent reduction to our tax rate. That’s great unless you just push that savings to part one of M&O.

Spelling this out may get a bit confusing but the budget is clear. This years M&O rate is .355062. The proposed M&O rate is .403985. This is a difference of 4.8923 cents. Here is the breakdown of that increase:

.003672 (the difference from this year adopted tax rate and next years effective rate)
.025251 (this is the 2.5251 cents discussed above involving the P&I part)
.02 (this is the proposed 2 cent increase)

That 4.8923 cent increase to the M&O portion of the tax rate is over a 13% increase.

After that increase it still appears that there is not a balanced budget and our fund balance will take a hit by the end of fiscal year 2010.

I’m not positive but it looks like BISD is doing the same thing.

Thursday, September 10, 2009  

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