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Bond issue, anyone? - The Galveston County Daily News : Editorials

October 2, 2014

Bond issue, anyone?

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5 comments:

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  • Jake Buckner posted at 10:36 am on Mon, Apr 21, 2014.

    Jake Buckner Posts: 1628

    Sounds like a good plan to me, if the money is really there.

     
  • Island Runner posted at 10:11 am on Mon, Apr 21, 2014.

    Island Runner Posts: 401

    Fact is the money is already there and staff has been instructed to fix it. We have not had a city manager since Steve that could get the job done. Now we have Brian who is more than capable to get it done. The Council needs to stay out of the way and let him do what he does so well and fix the streets .

     
  • Jake Buckner posted at 12:28 pm on Sun, Apr 20, 2014.

    Jake Buckner Posts: 1628

    To piggyback on t14wagner's comments, it's not analytically proper to compare Galveston with cities it's not similar to, like League City.

    Galveston is a different sort of town -- tourism economy, different demographics, true seacoast environment, the weather is even different, and it's OLD. I don't have proof, but I bet the water table is closer to the surface.

    But the idea of doing a serious analysis and establishing priorities is a good one, something the City should do regularly.

    Any talk of raising taxes should be hushed now and forevermore, or at least for the foreseeable future. G-Town taxes are already too high.

     
  • t14wagner posted at 9:26 am on Sun, Apr 20, 2014.

    t14wagner Posts: 26

    Agree, Heber, that a unified plan for public improvements is optimal, and necessary. However, the comparison to LC is apples & oranges, and the end result is certainly not as simple as waving a financial wand, instantaneously boosting bond payments at the expense of operations funding.

    Galveston's infrastructure is older, and has been ignored far too long. Maintenance needs are extensive & will persist for some time, as improvements are made. Not only streets, but aged water & sewer lines, inoperable fire hydrants & dare I say it, water meter failures/transponder issues, come to mind, for starters.

    Agree, something needs to get started, sooner than later. But there must dedicated efforts toward the following:

    1) Draft the list of desired/needed improvements
    2) Analyzed past maintenance costs, in light of proposed improvements, in projecting future maintenance needs
    3) Review funding, in light of improvements & maintenance needs
    4) Prioritize improvements, based on available funding, issuing new debt within financial means.

     
  • Matt Coulson posted at 9:10 am on Sun, Apr 20, 2014.

    Matt Coulson Posts: 121

    omg, I agree with Heber. But does this mean that he supports a fight, because that's what it will be, with the public employes unions?