Moose Jaw Forum

jty wrote:This is like the analogy of the couple who takes out a loan to buy a big screen TV, then when their roof starts leaking really bad requiring replacement sooner than later, they decide to cut basic food expenses instead of taking out another loan when rates are at rock bottom!
With this kind of city administration how can they really expect to attract people or businesses to the city?

The problem is hasn't the city already raised its borrowing limit a couple of times over the past few years to meet other commitments?
These bills are also going to have to be repaid some day.

truth defender wrote:

jty wrote:This is like the analogy of the couple who takes out a loan to buy a big screen TV, then when their roof starts leaking really bad requiring replacement sooner than later, they decide to cut basic food expenses instead of taking out another loan when rates are at rock bottom!
With this kind of city administration how can they really expect to attract people or businesses to the city?

The problem is hasn't the city already raised its borrowing limit a couple of times over the past few years to meet other commitments?

Are you stating a fact or asking a question???

jty wrote:

truth defender wrote:

jty wrote:This is like the analogy of the couple who takes out a loan to buy a big screen TV, then when their roof starts leaking really bad requiring replacement sooner than later, they decide to cut basic food expenses instead of taking out another loan when rates are at rock bottom!
With this kind of city administration how can they really expect to attract people or businesses to the city?

The problem is hasn't the city already raised its borrowing limit a couple of times over the past few years to meet other commitments?

Are you stating a fact or asking a question???

I question some of the expenditures that the borrowing limits were raised to pay for.
It all helps to pigeon hole the city even more into what they can afford.
Unlike other levels of government cities in Saskatchewan cannot run a deficit but they can borrow up to certain limits set by the province.

City council is going to be debating the Hospital Levy, although it will probably be limited due to the demographics of council, this coming Monday evening. Although there is a slight mention of debating the time frame of collecting the city`s portion of the new hospital`s cost, the emphasis appears to be on how to collect it or rather how to collect a larger amount more quickly. Unless you’re flush with cash and are capable of dolling out 3 or 4 times the amount of cash that you have been for this levy, I suggest you contact each and every council member and voice your opinion on the kind of burden these kinds of increases are putting on your every day way of life. Unlike the city`s portion of the multimess, the way the hospital levy stands now it is a guaranteed source of revenue to meet it`s said obligation, so why change it. If they are in need of cash sooner rather than later (which I do not see why) why not collect the city`s portion of the multimess and retire that loan? Obviously the people who made those pledges are in no shortage of cash or they would not have made the pledges in the first place. I know for a fact that visiting or using any part of the multimess is out of the reach of many taxpayers in this city and this kind of increase will pretty much guarantee that situation will never change, is this what city administration had in mind when building this project?
City council can use this Hospital Levy debate to settle some of the rift this multimess has put upon this city or they can use it to add to that rift, the choice is theirs.

Mayor
http://www.moosejaw.ca/?page_id=846&c=9
Coleman
http://www.moosejaw.ca/?page_id=846&c=10
Eby
http://www.moosejaw.ca/?page_id=846&c=11
Luhning
http://www.moosejaw.ca/?page_id=846&c=12
Mitchell
http://www.moosejaw.ca/?page_id=846&c=13
Swanson
http://www.moosejaw.ca/?page_id=846&c=14
Tolmie
http://www.moosejaw.ca/?page_id=846&c=15

With the reduced provincial surplus and all of the demands from elsewhere in the province I truly doubt if we will be seeing any sort of additional funding from there.
The province is entering a period of austerity - good sign of where the provincial economy is forecasted to be heading - right now and I cannot see them contributing anything more given other priorities.