“IT WON’T COST THE TAXPAYERS ANYTHING!”

April 12, 2016

 

 During the last SPLOST work session on April 10, those attending repeatedly heard about the new $7.5 million bond/debt the BOC is proposing and how it will not cost the property owners (taxpayers of this county) anything.

 

This group of Commissioners has consistently added more debt to the county over the last 4 years, and now have plans to heap on another $7.5 million on top, to be paid over the next 25 to 30 years (they haven’t decided on the term yet).  In addition, they are proposing a $3.9 million SPLOST. 

 The BOC can not say NO to all the WANTS submitted; so rather than make cuts, it seems to be easier to just add debt.  The BOC says this plan will solve lots of “problems”, but it appears to us that the biggest problem of all is indebting the county for 30 years.

 BUT all this debt for the next 25 years “won’t cost the taxpayers anything.”  How is that?

 

  They say all this new revenue is going to come gushing in from Stanton Springs (Joint Development Authority/ 4 County Dev Authority) starting in 2018, and by 2020 it will be at least $480,000 a year to pay for this debt.  They all swear the millage rate will not go up.  (Note: Comm. Henry did not attend this meeting.)

 

 

JASPER COUNTY BOC FAMOUS LAST WORDS TO REMEMBER—

 *Bear Creek Reservoir is a great thing.  It will bring us millions of dollars in water revenue.  (The reservoir has never existed and there are no plans for it to exist.  However, Newton County has been soaked for tens of millions of dollars in land deals and professional fees.)

 *Jasper County Water and Sewer won’t cost the taxpayers a dime.  (This BOC voted to pay JCWSA from county funds for 31 years.)

 

=================

YOU are going to be asked to vote to approve this debt in November.  Will you be alive 30 years from now to see it paid off, or will your children end up responsible for it? 

There are many more details to come—stay tuned….

 TWG

Citizens, be informed and stay informed!  Only by being informed, can the citizens understand what is being done and talked about, and then press our officials to make good decisions for everyone in Jasper County.  That is our goal with the Taxdogs blog.

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10 Responses to “IT WON’T COST THE TAXPAYERS ANYTHING!”

  1. Think about it says:

    “Never spend your money before you have it.” – Thomas Jefferson

    “It is the debtor that is ruined by hard times.” – Rutherford B. Hayes

    “Promises make debt, and debt makes promises.” – Dutch Proverb

    “Debts and lies are generally mixed together.” – Francois Rabelais

  2. More Debt = Higher Taxes says:

    Wants aren’t needs, but for the few who demand their wants be met, it’s all that matters. The solvency of Jasper County be damned.
    As the citizens of Jefferson County, Ala. learned the hard way. the pasty-faced bond pimps could care less what fiscal calamity befalls County taxpayers.

    For example…on a bigger scale, but the sleazy characters are the same.
    http://www.rollingstone.com/politics/news/jefferson-county-alabama-screwed-by-wall-street-still-paying-20110407

  3. Stop the Madness says:

    This BOC has been unable to cut the budget even a little. I shudder to think what kind of a financial mess we will be in when the promised $480,000 a year from JDA does not materialize, is reduced, or is delayed.

    It is terrifying to think that our BOC is willing to sign another contract for 25 or 30 years.

    Enough already with contracts that last longer than a 4-year term.

    • Muh Wish List says:

      One would think a wise BoC would wait until the JDA money is in the bank before allocating all future revenue to “muh wants” ..but wait, we didn’t elect one of those …did we?

  4. Debt over heels says:

    It will not cost the taxpayers anything. That is right up there with “the check is in the mail” and “I’m with the IRS and here to help you”.

    I’m tired of all the spending with nothing to show for and I’m tired of the lies.

    Debt does not bring prosperity. It brings bankruptcy.

  5. Get a grip BOC says:

    Cut the Damn budget!! I’m tired of my taxes going up a tremendous amount every year and for what? I have not seen it!! Not only do I not see anything for it, but the folks who do work for this County do not make enough to support their families. If my taxes are going up it had better be for terminating those that are employed by this county and do not do a days work on any given day. Then replace them with folks who will work and pay them a decent wage. Period!!! Anything else is unacceptable!

  6. Protect yourself says:

    I propose that we pay as we go and not take on more debt for 25-30 years.

    We can use the $480,000/year (if that actually materializes) for roads in addition to the annual road budget and get some extra roadwork done.

    We don’t know what the future brings, but can be pretty sure that over the next 25 years or so we will see another recession or two. It is unrealistic to think that Stanton Springs will be a cash cow for 30 years.

    It would be prudent to err on the side of caution.

  7. Fools rush in says:

    This board thinks that Stanton Springs is Jasper County’s savior.

    The money that has been touted that Jasper County will get has not materialized. The deal with JDA/Stanton Springs is evolving and changing all the time.

    What is the rush? Wait until you see how much money the county actually gets in 2018. Then use the “Stanton Springs” money exclusively for roads. The bond issue can be revisited after we have received a couple of years’ of payments and can be assured money is coming in as forecasted.

  8. Not again says:

    Don’t we have any conservatives on this board??

    Commissioners, please don’t add any more long-term debt. It is not fair to the next board members that will have to live with the decisions this board makes. It is not fair to the taxpayers.

    We all know that this will not end well.

    • Yeah, about that... says:

      You have 1 & 1/2 conservatives. This county made a grave error in March. Now our children and grandchildren will pay for it after these five men have passed on.

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