Wednesday, May 28, 2014

Bombing runs against Houston's revenue cap.

We're not yet at the point where the Parker administration is ready to storm the beaches, but the initial bombing runs are commencing to weaken opposition.

For years Houston has watched as so-called "fiscally responsible" Mayors such as Bill White and Annise Parker have kicked the pension can down the road. We're now at the end of the road and what faces city government is a brick wall.

Strangely enough, as has been the case on several city finance issues, the Council Member making the most sense here is former HPD Chief C.O. Bradford.  It is high time that Houston have a conversation about what are and what are not "core services" and whether or not there are things the city is trying to do that could be better handled in alternative (read: cheaper) ways.

Until we get to that point however the bombing runs will continue, leading up to an eventual stand-off in 2015 when voters get their say on how much revenue the city can collect.

Not mentioned (yet) in this discussion is the flawed property appraisal process which allows for huge raises in revenues that cause revenue-cap problems in the first place. Perhaps the City should partner with lawmakers in State Government who are trying to come up with real solutions to Texas problematic tax structure?

Then there's the issue of spending, which I have addressed before. In a (big) way, I echo Mr. Bradford when I wonder exactly what all of the City monies are going toward?

Don't worry however, these things will be dealt with in time. Now, back to the Grand Urinal Bargain of 2014.