Hank Miller sent this on over to us:
“Report Card” on Midlothian’s Financial Strength
Now is the time to vote on who you want to watch over your tax dollars. Before you make that decision, please take a second to rate your current city council’s way of watching your money:
* During the 4/28/2009 city council meeting, Dan Almon (Southwest Securities), Midlothian’s financial advisor, stated that the debt ratio was high for a city of this size.
* The city currently has 90 credit cards in use and has charges ranging from $42,600 to $78,000 per month for the past 6 billing months.
* The city park’s annual bill was over $700,000 last year.
* The city’s tax rate jumped over 3 ½ times in 10 years from 17.4 cents to 65.0 cents.
* The debt service rate of the city is up 5 ¾ times from 6.8 cents to 39.45 cents.
* Each Midlothian resident has a current debt from the city of $8,551. (In 1999, it was $3,492.)
* Over 60 percent of your taxes goes just to pay the city’s debt?
* Our city has a NEW $30,000,000.00 water project in the works
Sit back and think for a second. Is your city better off than it was 5 to 10 years ago? Are you better off today than you were 5 or 10 years ago? Are you happy with the progress that the city has had in that time?
Changes can happen, but it will take you getting out voting. If you are tired of the spending and want change, Vote for Bill Redding and Hank K. “Doc” Miller.







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