Read what Mayor Moncrief has to say about the state of the city in the Fort Worth Star-Telegram. If growth hasn't paid for itself, WHY would we expect the Trinity River Vision to? How is the Vision different from the streetcar? On that subject, the mayor said he couldn't commit the citizens to something he didn't know how much it would cost. So, why has he committed you to a billion dollar boondoggle? What's the difference? Does that mean he knew when it was presented as $360 million it would be a billion?
With the expansion come challenges that the city can no longer meet on its own, Moncrief said. To date, the growth has not paid for itself.
Sales tax collections, though rising dramatically the past year, suffered for two straight years. Property values, too, dropped significantly.
Increasing budget deficits that peaked at $77 million last year were the result.
An aging infrastructure in need of upgrades has been among the casualties. While the city has grown by hundreds of thousands, its leaders have not increased spending on infrastructure in 10 years.
Thursday, February 24, 2011
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