User logged in as hwfinley
For quite a while, MUD 12 was invisible to most in the community. Then, the MUD 12 board decided to ask for a 17 million dollar plus bond. They presented, not well but at least there appeared to be an effort, reasoning for about 4 million dollars. The other 13 million dollars were, as far as the people paying the bills are concerned, in limbo.
Not surprisingly, people asked what the money would be used for. The board said asking them questions was disrespectful and questioning their integrity. That was patently false but there are some trolls in the community who certainly seized upon the claim – no matter how false.
There were chest beating, hair pulling, rants about supposed research and “only I know what the facts are” and everybody but me is terrible.
I think we have all had enough of that childish, foolish behavior. It is time for some facts – things that are true, measurable, and provable.
Look at the $4.4 million dollar bond. Mr. Alcorn explained that it is on the ballot because the bookkeeper wanted it. He, and the rest of the board, and their cheerleaders have clearly said that approving the bond will not increase costs. It is free money?
The truth is that their own projections show that the debt reduction taxes collected in 2017 were budgeted at $210, 087. Their forecast for debt reduction taxes to be collected in the first year after the bond is passed is $275, 740. Anybody with a pencil can tell that is a 31% increase in debt costs. The board answer when asked how that is no increase was to say they would manipulate the Operations and Maintenance portion of the taxes – pretend to avoid a cost increase.
Telling us that they cook the books does not inspire confidence in their fiscal methods.
Look at the post by Mr. Alcorn as he asks to be allowed to remain on the board.
HOW MUCH WILL THIS BOND FOR $4,400,000 COST??
Estimated taxes at 9 1/2 cents equal $190 per year for 25 years or $4,750 per homeowner ($190 X 25 X 1450 homes = $3,087,500)
Increased utility payments of $30.00 for two years equal $660 dollars. ($50,000 per month for 24 months equal amount needed at this time, $1,200,00) Same time line and the same work
Make your bond vote make finicial sense
At least he does admit he expects the debt portion of the tax rate to increase from 0.08 to 0.095 – an 18.75% increase compared to the “it will not cost anything” myth.
He says his $30/month penalty will add up to $1.044 million which will pay for the $1.2 million in “work”. His $1.2 million is to pay for what the board forecasts will cost $1.341 million.
WWTP Rehabilitation and Odor Control
$ 1,341,000 - Capital budget
Clearly voodoo math. $30/month to pay $1.044MM toward $1.2MM which will pay for $1.341MM is cheaper than paying $3.087MM for a $4.4MM bond.
There is no way to tell if the jumbled numbers are on purpose or because they simply do not understand math and basic management. The numbers are theirs. If there is an explanation, they are the only ones who could possibly know what it might be.
The existing MUD 12 board has pretty clearly shown that it is not a good steward of our money.
There are a number of other fringe issues that are bandied about. Each person can decide where they rank compared to the very serious fiscal management issues.
We deserve better. We deserve a MUD 12 board that respects the citizens and which will operate with transparency – if there is a question, find an answer, don’t start screaming about being picked on.
With openness, honesty, and facts, the childish histrionics will go away. We can talk like adults.
Everybody needs to VOTE. Pick the future you want.