Todd Donati

Wilson school 4-Sale and other stuff

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Discernment is woefully lacking. We prefer having our ears tickled and being told what we want to hear. Anything outside of this is considered evil. We don’t dare examine the past and be on the alert for warning signs.

You know, we sold the best school for pennies on the dollar. It was suspect from the beginning when the request for bid was written so only one company could bid. It would have been to MCS advantage to have competitive bidding. Who at MCS was overseeing this sale and what was told to the board?

Today, that building is up for sale and several people have lost their jobs. Donati washes his hands “We didn’t give them a tax abatement.” Yes, but he authored the sale.

So, when the mayor and city council show up with concern on their faces, you might want to ask why the MRC did not write the bid specifications to allow for competitive bidding? Oh, Mayor Tyler just appointed Donati, he doesn’t manage the MRC. Right.

This is akin to the Craig Nichols receiving bid work  Or VAT which cost us a cool million or two.

Wilson Middle School up for sale

The MRC had to open up the bidding for the Wilson property to anyone, but the requirements were narrowly written to make it most likely that ASONS would be the only bidder.

During Thursday’s MRC building, the only bid was opened and it was from ASONS

Source: Former Wilson school changing hans Muncie Star Press May 7, 2015

Wilson Middle School sold (2015)

 

 

 

Construction halted on Muncie’s Love canal

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IDEM has shut down construction on the former Indiana Wire & Steel property pending further investigation.

Some highlights from the newspaper article:

  • Under a variety of agreements and plans for the site, prohibitions against disturbing the surface of the property, including concrete pads, have long been in place. The prohibitions were even referred to during a March 2016 public presentation when a designer for the site said an elevated grassy area would be created “because we can never dig down … that’s our history.”
  • That history — and those prohibitions — were apparently forgotten or disregarded recently, however.
  • “If you drive past, you’ll see things starting to move around and get busy out there,” Tyler said in touting the project. “Construction has started and when it’s complete, it will revitalize the eastern corridor into the city.”
  • That work ran contrary to IDEM’s instructions, however

Read the full article here.

Is Muncie the new Love Canal? (Video)

Muncie’s Financial Reports

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Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives. James Madison

Please take a look at Muncie’s financials.

MC900439169

DEBT

These two reports ran in January 2016 and February 2016.    The latest report shows a debt increase of $10 million.

Muncie debt 2-26-16

January 2016 debt

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REVENUE

Muncie revenue received for the years 2011 to 2015.  The revenue sources includes property taxes, federal taxes, state taxes, local taxes, fees, donations and grants.

2015 $96,344,555.40

2014 $101,147,218.97

2013 $100,696,634.05

2012 $124,112,776.60

2011 $90,393,089.58

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Detailed Receipts 2011 to 2015

If you would like to look at the revenue streams the reports below give details.  As you can see, property taxes have been on a decline since 2011.  This should have been the first clue.

Muncie Detailed Receipts 2015

Muncie Detailed Receipts 2014

Muncie Detailed Receipts 2013

Muncie Detailed Receipts 2012

Muncie Detailed Recepts 2011

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SUMMARY

When revenue begins to decrease while debt increases it would be wise to consider the cost of debt and what it means.  The first cost was public services which could only be fully funded with a tax increase.  The second cost is economic development and it will only partially be funded with the recent tax increase.

You do need to consider the cost. If the debt can not be met, and there are no more taxes to increase what then? Fees?  Fines?  You don’t need to be in the dark when it comes to Local and State government finances any longer.  In fact, it is imperative, for our future, to be well informed.

James Madison was a wise man giving wise advice which is still relevant today.

Source: State of Indiana Transparency Portal

 

 

Saturday ramblings: More on TIF

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Larry bringing to light the reason for consolidating TIF districts.

TIF consolidation for health, safety, morals

Saturday morning rambling: Fiscal Health – City of Muncie: Business as usual

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In light of the recent adoption of Local Option Income Tax (LOIT), this may be the perfect time to examine the fiscal health of our city.  The report covers 2013 and 2014 and does a comparison between the two years.  Being an informed citizen is a good thing, it’s hard to pull the wool over eyes that see.

In addition, knowledge is a tool to prepare for events which can affect a lifestyle.  Lowering Your Income Tax (LOIT) which was first mentioned by the Muncie mayor and adopted 14 days later by Muncie City Council is one such thing.  Two weeks is barely enough time to get the information out to the masses.

One interesting aspect is the information on the city revenue has been in the hands of nine city council members, one mayor and one controller for three years.  Yet, there was never a word said at council meetings, in the newspaper or during State of the City addresses.  It was all puppy dogs and happiness.

In the ranks of the people, the concern about the finances was growing.  How in the world is the city paying for all this?  No one knew.  None of this has taken us off guard, seeing it coming down the pike.  Interesting the very ones with information at their fingertips either never saw it (odd) or ignored it (likely).

Do need to recognize the speed in which the city racked up $65 million in debt as well as the lightening speed in which a tax was imposed upon every working stiff.

Please feel free to take a look at the fiscal health report.   You will find in nearly every category a decrease in revenue and an increase in expenditures.  An increase in government owned acreage, an increase in TIF, an increase in local taxes.   It’s business as usual.

Fiscal Health Muncie 2013-2014

Economic Development – Riley style

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There is no doubt in anyone’s mind Delaware County Economic Development is a hard area to follow.  Both financial and in practice.

Today, Larry Riley, a regular columnist in the local newspaper lays it out for us.  I’m not sure anyone could have done a better job at explaining.  Nevertheless, here it is in all her glory.  Enjoy.

Development of economic development.