What the council is voting for tonight is (1) a $2.3 million bailout for soon to be x-mayor of New Albany. Unless you live under a rock like Councilman Bob Caesar "who will claim he balanced" the budget (cough) it's just another one of his lies.
Our local government is only thinking about the raises they gave, mismanagement and for our own police, fire department and to save face.
You nine council members voted once to make England accountable to us taxpayers. Now that the election is over it is a complete different story.
It's not fair or right for us taxpayers to pay for England's incompetence, and his malfeasance.
Wonder why were broke?
Read below and get your answers:
Balance Estimate for EDIT/Rainy Day/Riverboat Year End 2011-After Appropriation for Rolling Deficit:
EDIT/ Rainy Day/Riverboat
(end 2011)............................$5,472,169
Appropriation - General
Fund...................................($2,300,00)
Appropriation - Parks.........($100,000)
Appropriation - MVH..........($500,000)
________________________________
Balance EDIT/Rainy Day/
Riverboat...........................$2,572,169
---
EDIT 2011:
Ending Balance Oct. 2011..$3,708,792
Est. Income Nov. 2011.......$185,504
Est. Income Dec. 2011.......$185,204
Expense-Remaining of
Budget.............................($1,167,057)
_____________________________
Estimated Balance Ending
2011-No Additional..........$2,912,743
---
River Boat 2011:
Ending Balance Oct. 2011..$1,300,307
Est. Income Nov. &
Dec. 2011..........................$200,000
Estimated Balance Ending 2011
-No Additional.................$847,487
---
Rainy Day 2011:
Balance Oct. 2011...........$1,760,303
Est. Income Rest of 2011..$-0-
Expenses-Remaining of
Budget...........................($48,364)
Total Expected Year End-No
Additional Expenses/
Appropriations..............$1,711,939
---
Total Funds Amounts Available for Rolling Deficits:
Riverboat Fund ... $847,487
Rainy Day............ $1,711.99
EDIT....................$2,912,743
Total....................$5,472,169
(2) $40,000 x 2 for New Albany First:
Freedom Of Speech would like to say:
Why should EDIT dollars be USED for a salary and is this NOT discrimination if they give it to one group and not give it to other groups or non-profits?
Do you really think the citizens of New Albany "will buy local" when they find out it was their EDIT Funds that set this group up?
They can't raise the funds for New Albany First, so they expect YOU to foot their bill!
