IS THE BOC AFRAID FOR THE PUBLIC TO KNOW THE TRUE COST OF THE PROPOSED SPLOST DEBT?

August 3, 2017

All during the 7/31/17 BOC meeting the BOC and financial advisor discussed how to “clear things up” so the public would vote yes on the tremendous new debt they propose.

One of those ways was to give the debt information to the public in “bits and pieces” and let them figure out the true cost.  (start at 3:28 to hear how public might be able to solve for the figure)

Will the citizens get the actual proof of the costs of the debt or will the BOC hide all the figures?  SPLOST debt will not be paid off during the 6 year SPLOST, it will take at least 18 years and probably 20 years.  

Doug Luke seemingly supports informing the public of SPLOST specifics, but wants to limit the public material to “one liners.” The financial adviser says they can limit the explanation of SPLOST debt on referendum to principle only.

Commissioner Pennamon says that if SPLOST is sold to the public wrong it will fail.  He says all he wants to tell people is that SPLOST will be used to retire debt.  Commissioner Pennamon says the BOC’s Job Is to sell SPLOST while downplaying debt.

Despite Comm. Henry saying people won’t vote for that much debt, Comm. Pennamon still thinks public would vote for a $8.2M bond.

$8.2M debt to be paid back for 20 years would cost over $10M to pay back, and possibly more depending on the interest rate.

Next blog, the cuts made and what SPLOST will fund now—unless it changes again.  There was NO vote on the cuts.

 

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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17 Responses to IS THE BOC AFRAID FOR THE PUBLIC TO KNOW THE TRUE COST OF THE PROPOSED SPLOST DEBT?

  1. Debra Manderson says:

    Where can we get signs in yards vote no to splost?
    This is a travesty. How can I best inform our citizens.
    NO MORE TAXES

  2. Sleepless in Monticello says:

    Commissioners keep raising property taxes each year and now have the nerve to consider borrowing several millions of dollars for something frivolous as a gym. We have enough debt already.

    How can the commissioners sleep at night?

    • taxdogs says:

      They think they are building their legacy.

      • Get Credit For The Goodies Using Other Peoples Money says:

        Yes, these are classic narcissistic politicians who want to build a legacy using other peoples money. What a sweet deal. My commissioner from district 5 once pointed out he also has to pay more when they raise taxes. That makes it OK. It is sickening.

  3. Plan B says:

    Does the city of Monticello have a vacant facility that the sheriff could use for training/meeting purposes? If so, it would show good faith in letting the sheriff make use of it. After all, law enforcement within city limits has been falling on the sheriff’s department.

    Alternatively, perhaps we can look to the courthouse to facilitate the sheriff’s need for training and meeting room. The commissioner’s meeting room is not used every day, all day. Neither is every courtroom. The courthouse is heated and cooled, even when rooms are not used.

    I believe with a little cooperation and scheduling, something could be worked out to accommodate the Sheriff’s need.

  4. King of Double Talk says:

    Commissioner Pennamon is the king of double talk. He wants to spend $8 million on projects, finance it over 20 years, and tell people they are only voting for $3.9 million for debt coverage. I am hopeful the people of Jasper County are smart enough to see through these tricks. The BOC needs to pay as they go and quit taxing us to death. SPLOST is a tax, an increase of 1% to the cost of everything we buy.

  5. Know when to fold says:

    Commissioners….Stop. Take a deep breath. Put on your thinking caps.

    Adding more debt can have terrible consequences. Anticipating large sums of money coming from Shire is a gamble I am not willing to take.

    Live within your means. Wait until you have the Shire money in your hands.

  6. Don't forget says:

    It is my opinion that a SPLOST with debt will never pass. Make it a simple SPLOST for road repair.

    Please also remember that you will not have the $3.9 million to spend, should a simple SPLOST pass. There are lease payments due for the next couple of years or so that originated from the 2012 SPLOST projects.

  7. What's in a name says:

    At the beginning of last fiscal year, the commissioners said they would concentrate on roads. One commissioner proclaimed it “the year of the roads”.

    From my observations, the commissioners might as well deem this fiscal year as “the year of more debt”.

    Forget about borrowing more money. Concentrate on fixing what we already have.

  8. Do you hear what I hear says:

    Please stop this non-sense about adding more debt. We do not need or want more debt. We do not want or need a new gym.

    Listen to the people.

  9. AS THE IGNORANCE FLOWS says:

    They should put this on as a new soap opera As The Ignorance Flows. I’ve never seen anything like it lets see if we can figure out how to keep jasper county in so much debt only bankruptcy will get us out.

    Some thing sounds very very wrong in these videos. why would you put yourself in more debt to payoff debt. This county has a gym over at the high school let the Sheriff and any one else use it outside of school hours. a lot cheaper than a new building that wont get used. use SPLOST to fix the roads period. No More DEBT no More TAXES No 20 year bonds. The longer we wait to fix the crumbling infrastructure the more it will cost. Quit jacking around with your pipe dreams.

    NO MORE TAXES
    BOC CAN YOU HEAR ME.
    NO MORE DEBT.
    BOC CAN YOU HEAR ME.
    FIX THE ROADS.
    ARE YOU LISTENING. HELLO WAKE UP

  10. Sneaky, Deceitful, Commissioners says:

    The fact is that every one of these commissioners are in favor of this new SPLOST. They depend on it for their tax and spend schemes. I challenge any commissioner who is against it to speak out. My “one liner” commissioner is such a disappointment. I realize there have to be taxes, but my problem is that far too much of our tax dollars are spent on the wrong priorities.

    People are more apt to vote for SPLOST if it is spent on roads.

  11. BOC, You Are Fake Numbers says:

    Wow. What a mess this crew of obfuscating debt pimps has made of something as simple as a SPLOST. Here is how I will vote on SPLOST. Roads/Public works –YES. Anything else –NO.

    Our roads are our #1 priority. Everyone uses roads. Only small part of the population will ever use a county gym. Put SPLOST money on the ballot for road use only and it will pass. If the BOC wants to borrow millions more to sell bonds for their crony handlers, FINE, but put that on separate referendum. Stop trying to sell us your debt schemes using fake numbers. It will not work.

  12. cheryl nowetner says:

    we need to start not campaigning against a yes vote on this splost. it’s not for the good of the people of Jasper County it’s only for their spending more for their wants

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