Sardonic Views is a new addition to the liberal section of my sidebar. If only the media would analyze national issues as well as he analyzes this local bond issue:
Let's look at the math: The debt is anywhere from $3.2 to $4.5 million depending on the day; the Lake County auditor's office estimates the levy would have brought in about $1.24 million per year; with that levy the City claims it could help pay down the debt, pay for garbage collection, hire 3 more fire fighters and not lay off any police officers. Wow. Talk about bang for your buck. "Math, anyone?"Now, let's get serious. Repealing the garbage collection fee while ostensibly under the City's control would be subject to approval from the state appointed fiscal oversight commission. That means the residents of Eastlake could face having their property taxes increased and still pay the garbage collection fee. Plus there are legitimate issues of the City having to pay additional money for the ballpark stadium debt (that the N-HEB pretends will not be a problem) in the next few years.Voters weren't fooled by the promises and alleged short-term savings. They had a deeper understanding of what Eastlake will be facing in terms of taxes and fees in the next several years. More than can be claimed by the deep thinkers of the subject at the N-HEB.
Maybe he should have gone in the conservative section, but his tone about Kerry's recent Cambodia misstatements wasn't gleeful, and he doesn't seem to assume a tax is bad without careful analysis.
Wednesday, August 18, 2004
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