Wednesday, October 29, 2008
Mayor Mary Capra
In a letter to the Editor of The Quad Press 10/28/2008 the Mayor addressed a couple of her constituents. While doing so, she could not stop herself from taking a swipe at this little blog.
"The City of Centerville does have debt as most cities do and individuals. The "Watch Dog/Blog group always fails to mention the other half of the equation, the assets of the city. All of the indebtedness of the city is for public purpose and has to meet the standards set forth by the State of Minnesota. You cannot consider one without the other. The current balance in the city's fund accounts is in excess of $5 million dollars."
A couple of thoughts quickly come to mind. The amount of debt incurred by a city or individual is a choice. If an individual chooses to go deeply into debt, it is their choice and their money. If a city chooses to go into debt it is the choice of the elected officials and the individuals have no voice. Hardly analogous.
If all the debt is indeed for a public purpose, what was the rational behind spending an additional $500,000 plus on decorating the downtown? This is surely not a standard set forth by the State of Minnesota!
If the City does indeed have an excess of $5 million in the bank, what are they doing with it while we are assessed for road maintenance?
"The City of Centerville does have debt as most cities do and individuals. The "Watch Dog/Blog group always fails to mention the other half of the equation, the assets of the city. All of the indebtedness of the city is for public purpose and has to meet the standards set forth by the State of Minnesota. You cannot consider one without the other. The current balance in the city's fund accounts is in excess of $5 million dollars."
A couple of thoughts quickly come to mind. The amount of debt incurred by a city or individual is a choice. If an individual chooses to go deeply into debt, it is their choice and their money. If a city chooses to go into debt it is the choice of the elected officials and the individuals have no voice. Hardly analogous.
If all the debt is indeed for a public purpose, what was the rational behind spending an additional $500,000 plus on decorating the downtown? This is surely not a standard set forth by the State of Minnesota!
If the City does indeed have an excess of $5 million in the bank, what are they doing with it while we are assessed for road maintenance?
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