Saturday, November 21, 2009

One of these things is not like the others

I can add. You can add. Why can't the newspapers add?

The county's millage snafu has the cities pissed. I get that. But why isn't everyone pissed?
According to the local reporting, Rogers is losing $325,000 from the county shifting its road taxes into its general fund, where it doesn't have to share. Bentonville is losing $250,000. Siloam Springs is losing $50,000. We can add, so we do, and that totals $625,000. That is from losing its portion of the two mills removed from the road fund and put into the county general fund.
If we look at that word, "portion," we realize that means the county received a portion of the road fund anyway. Maybe this is just poor wording from the newspaper, but this is starting to look very bad, because the county is only gaining an additional $325,000 in revenue.
So there's a two mill shift in appropriation, but the taxpayers are paying 0.1 mill less. By these numbers alone, that means the three cities listed are short $625,000, the county is up $325,000, and the taxpayers are raking in nearly half that amount in reduced taxes based on a reduction that is 0.05 percent of the reallocation. But it gets worse. The city's loss does not include those of the small cities, the ones whose plight convinced two Justices of the Peace to vote against the change.
What we come away with here is that the cities lost a lot of money, the taxpayers gained almost nothing (only $1 on a $100,000 home) and the county gained less than half what the cities lost.
I am left with only one question. Where is the money? There are only three possible explanations that I can find:
  1. The newspaper is wrong because reporters never learned math. A highly likely statement, but even someone who can't add better than an elementary schooler should realize the disparity between the numbers.
  2. The county can't add. This would seem less likely, but those who remember the Bella Vista budgeting snafu, in which Comptroller Richard McComas forgot to remove revenue from the newly incorporated Bella Vista from budget projections, may be more likely to accept this answer.
  3. The money is somewhere the county (or those running it) doesn't want you to know about. Maybe it's in a controversial project or maybe it's in someone's pocket. Either way, the last thing they want is for anyone to know about it.
Judge Bisbee, show me the money!

No comments:

Post a Comment

Comments including libelous language will not be allowed. Criticism of the content and/or style of any blog entry, however, is welcomed. Speech is free here, so long as it does not infringe on the rights of others.