Tax hike too much
According to our overcompensated and egotistic representatives at City Hall the 2009 tax hike was only going to cost homeowners between $75 and $100 for the year. In our neighborhood the increase was a little higher; closer to the $260 to $300 bracket. Our "small" increase came to $267 while the address our ward councilor resides at came to $300. This councilor voted for the new tax increase, and for not lowering the salary for the Council. By the time the assessors get through juggling the figures on home assessments (and blaming Boston) the tax rate increase will probably at least equal the "small" increase of last year. The dollar a month figure is another fairy tale by the mayor. In the last seven years our home assessment and the tax rate have changed annually. Each year the tax payments for homeowners increases. The mayor promised no trash fee; he should be informed that someone put it in his budget.
The six councilors who had planned to introduce a resolution to cut $2.5 million from the budget but did not and will not. They realized (mind readers) they would not receive the seventh vote were just playing "look good" politics. There might have been a seventh vote if the resolution was brought up for a vote; all the six did was get everyone off of the hook. The council took care of their own salaries but that was to be expected, as was the comment by Councilor Walsh. It is okay for the council to give the taxpayers a slap in the face. There should be a term limit on council service. Someone should bring that motion up.
The Mayor talks about funds for the "rainy day fund." He had no trouble spending $800,000 this year for new blue barrels; but only half of the homes received them. The funds for more barrels are in the new budget. A $2 million project that the state was supposed to fund was terminated by Boston, but funds to continue it ended up in the new budget.
The mayor worries about the Standard and Poors bond status for the city but forgets the $50 million in bond debt he recently floated automatically adds millions each and every year to the bottom line of the budget for years to come. With many new and expensive projects planned he will soon max out our credit card. We could see another Financial Control Board back here.
The city debt to the retirement fund which City Hall does not want to talk about is about $400 million. They have 30 years to pay it, but have no intention of doing so. The mayor took an $11 million gift from the state and it sits in an untouchable account for scholarships. All well and good it was loan money and should have been used on city debts and not as a political ego trip.