And The Shell Game Goes On


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Did you recently get the fiscal management political advertisement from the City of Goodyear?  (see photo above). I wonder how much of your tax dollars they wasted producing and mailing this piece of propaganda?

They want you to believe that everything is just fine and dandy in Goodyear and especially what a GREAT job they are doing managing your tax dollars.

HA!

So bear with me, and I’ll tell you what is going on using THEIR BROCHURE!

First, IGNORE the back side of the brochure that is titled, “Strategic Focus Areas”.  This is just a bunch of crap to sell you on their new General Plan (to spend your money). If you can’t even trust their numbers, which is the side I will focus on below, then you certainly can’t trust anything else they fabricate.

Let’s start on the left. “Where The Money Comes From”.  Total is $222 million.

First take out all the FAKE stuff.

The $2.3 mil GRANTs is fake, (they use the marketing term, “placeholder” to say FAKE) the $18.6 Proposed Infrastructure is fake, and get this….  the FUND BALANCE is $52.3 mil THEY HAVE PREVIOUSLY COLLECTED FROM YOU.

FUND BALANCE is just the city’s checking account. They are mixing up existing dollars with new tax revenue they PLAN to collect. It is money that they have OVERCOLLECTED from you in the past but it DOES make all the percentages look better for them when they add it in.  In essence, there are only two significant revenue streams for the city.  Property taxes ($93.7 mil) and Enterprise Fund (Public Works, $42 mil).

Take all the rest from their $222 mil and you get….  $148.8 million.  Remember that number.

Now, let’s go to the right, “Where The Money Goes”.

Start again with $222 (their number) take out $14 One Time Initiatives, (this is political speak for “slush fund”. ever wonder how council members can spend money that wasn’t budgeted when they ask about it in council meetings?  There you go) take out $16.3 mil Contingency (fake), and take out $20.8 mil “Potential” Funding also FAKE (don’t you just love their imaginative lingo?  Potential Funding. Tell your credit card company that is how you’re going to pay for something).

Balance on the spending side is now $171 mil.

NOW here is the important part.
Take out the $26 million debt service (which is interest payments only, no pay down of capital, we’re never going to own any of this stuff at this rate, we’ll have to re-finance it).  and you get… $145 mil.

Familiar?  $148.8 collecting, $145 spending.

Summary; Remove the debt payments and guess what?  Revenues and spending are about equal at between $145 – $150 million.  Simple?

NOW WATCH CAREFULLY, HERE IS THE PAYOFF
On the revenue side you see, “$42 mil Enterprise Fund“.  This is what they are COLLECTING FROM YOU for water, sewer, trash, etc.

NOW, on the spending side you see, “$21.3 mil Public Works”.

Collecting $42, spending only $21.3?  What gives?

THEY ARE COLLECTING TWICE AS MUCH AS WHAT IT COSTS TO PROVIDE THE PUBLIC WORKS.  And that gives them an excess collection on Public Works of…. You guessed it, $21 plus million, which when added to the about $4 mil they are over collecting on other taxes is HOW THEY ARE PAYING FOR THE DEBT SERVICE INTEREST PAYMENTS.

Proper fiscal management?  No way. What they should be doing is LOWERING their capital expenditures first, and then reducing ANY spending on ANYTHING that is not Public Safety and Public Works.  Instead, GY spends $9 mil on support services, $9 mil on General Government, and over $6 mil on Development. That’s almost $25 mil folks.

So next time ANYONE from the city of Goodyear or City Council tells you how “careful” they are being with your tax money (and raising your property taxes this year… again) just tell them you are already ON to them.  They’re just overcharging for services that you rely on so that they can keep spending like drunken sailors.

And those are just the facts, folks, using THEIR numbers.

Have a good day and remember, YOU elected them.

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