IS IT TRUE that Evansville City Controller Russ Lloyd Jr said on Monday “that our property taxes have been raised by 4% in 2015?”…this discussion was made by the Republican County Tax Assessor Bill Fluty?…we are stunned that mainstream media didn’t report this important information to the masses?…WFIE did have it embedded in a story that Mayor Winnecke had mentioned a 4% increase in assessments but failed to point out that would correspond to at least a 4% property tax  increase for 2015?…in cases where a HOMESTEAD TAX CREDIT is associated with a particular property, a 4% increase in the assessment may increase the property taxes will necessarily increase by more than 4%?…we do feel compelled to remind our readers that in 2009 Mayor Winnecke was duped by or colluded with former Mayor Jonathan Weinzapfel to raise your property taxes by sneakily eliminating the HOMESTEAD TAX CREDIT in a SNEGAL closed door meeting?
IS IT TRUE that when Mayor Winnecke took office over two and one half years ago he had $17 million dollar surplus in the operating funds?…based on the most recent financial information published by our Mayor, we only have $3.2 million dollars in our operating funds as of July 31, 2014 … that the City is spending $445,000 per month more than the income they receive from all taxing and income sources and will be increasing our property taxes to make up the shortfall to the extent that the law allows?…the reality is that for two budget cycles the flim flam trick of overestimating revenues and making up for it by depleting the reserves has worked like a charm for the Mayor and his spending OPM (other people’s money) ambitions?…there is not another trip to the well to be had based on the paltry $3.2 Million nest egg that Evansville has left?…this is the year that we either bite the bullet and be realistic as City Council Finance Chairman Councilman Conor O’Daniel and City Council President John Friend, CPA  have been suggesting or we do what the Mayor wants and smash the city’s piggy bank to smithereens?
IS IT TRUE Mayor Winnecke was candid enough to admit on record that payments on existing debt including the Ford Center is making things difficult to balance?…as we recall the Ford Center was advertised in a series of public meetings not only to operate at positive cash flow but to bring a plethora of new businesses to downtown Evansville?…the truth of the matter is that is was oversold and now it has under performed and the bailout of the previous mayor’s ambitions will be done by the taxpayers of Evansville for the next 20 years?…Ford Center was a mistake?…Ford Center was sold to the public by telling three great big lies?…those lies are as follows:
1. The Ford Center will bring big acts to Evansville that Roberts Stadium never could
2. Ford Center will stimulate a downtown renaissance of new businesses
3. Ford Center will pay for itself and will not ever have to tap into the people’s pocket with increased taxes.
IS IT TRUE that every one of these lies was deliberate and there has been no consequence whatsoever for the purveyors of these three big lies?…as long as the people of Evansville continue to reward those who lie to them and take their money through higher taxes this behavior will continue?…Evansville is on a collision course with a serious cash flow problem?…when that happens critical basic services will have to be cut or eliminated and the fun and games will be over?…there are those on the City Council right now who assert that the well will run dry in 2 years but the Mayor’s office projects the opinion that all is sunshine and lollipops in River City so let the party continue?…by the end of the month we will know if our structure of governance is going to take the prudent road in 2015 by cutting the budget to reality or if the punch bowl will will be spiked with the last $3.2 Million in reserves to keep the fun and games party going through the next election cycle?
IS IT TRUE the question must be asked “what does it tell you when the leader of the world’s best known rock band has a better grasp of modern tax policy than those responsible for making it?”…the front man for the rock band U2 got some people’s Irish up after he defended the low taxes of his homeland in saying that “Tax competitiveness has brought our country the only prosperity we’ve known,†said the singer about the Emerald Isle?…Bono is absolutely right?…after touring the world with U2, Bono’s second career as an advocate for the poor — especially in forgotten Africa — has taken him to many spots not found on the standard itinerary for a rock band?…unlike so many others, he learned: The best way for a nation to help its poor move into the middle class is to open up its economy and allow people on the bottom to benefit from the inflows of investment and the opportunities it brings?…Bono puts it well when he said: “As a person who’s spent nearly 30 years fighting to get people out of poverty, it was somewhat humbling to realize that commerce played a bigger job than development?”…Bono said that’s his biggest transformation in 10 years?