Tuesday, April 04, 2017

BIGGEST DEBT PACKAGE IN KANSAS CITY HISTORY PASSES!!! GO BONDS 1-2-3 WIN!!!



Tax fighters weren't able to move the dial among the local electorate and a surprising turnout helped sink KCMO further into debt.

Here's the damage:

Question 1 - $600 million for streets, bridges and sidewalks, passed by 67%

Question 2 - $150 million for flood control passed by 61%

Question 3 - $50 million for KCMO building upgrades and a new animal shelter earned 67% approval.


Doggie lovers earning their victory is kinda fun and it'll be nice to see animal lovers fight with far more connected politicos over the cash for the next few years. Meanwhile, a great deal more borrowing and higher property taxes for Kansas City is certainly in store while infrastructure improvement always make for a great campaign promise but rarely materialize over time.

The 40 year time line on these taxes won't make for any grandiose changes any time soon.

Developing . . .

22 Comments:

Anonymous said...

Next up.

New airport!

Duck and cover.

Anonymous said...

Most of the voters must have attended the KC School District for this to pass. This is worse than the streetcar vote. Remember this 5 years from now. A new city council will go on a spending spree.

Bryan M. Stalder, Esq. said...

Bittersweet. Using the credit card is a questionable practice but we're investing in infrastructure.

My real concern is how the city will use our general fund. Do we have any guarantee that it won't go to streetcar expansion?

Anonymous said...

The average voter is too stupid to know that bond means to borrow money. This city is bleeding red ink and the solution is to borrow almost another BILLION dollars? Guarantee you that the airport will quickly follow now. Gotta hit up the voters while the stupid is freely flowing.

Retro ROCKER said...

When deciding where to live in the metro area people will look at the taxes that's how cities loose population

The Bitter Truth said...

If Tracy had kept her damn mouth shut it probably would all have failed. But her going against it made people think if the nut job is against it we best vote it in, and they did.

Anonymous said...

Don't ask stupid questions.

Captain Sweetheart said...

I hate to agree with the bitter truth but the guy makes a good point!

Anonymous said...

the big borrow.

Such a shame KC. You just took another step further down the way to becoming Detroit.

Anonymous said...

KCMO = Doomed

Lord Byron of Brookside said...

Proud of my city tonight. You didn't let the haters get in the way.

Good for you!

Anonymous said...

The voters just signed over a huge slush fund to the political insiders in the city. We usually get the government we deserve, and the voters deserve (and deserve to endure) this one. The smarter ones will be out of here, in Lees Summit, Platte City, Belton/Raymore, or Johnson County instead. And there will actually be people in KCMO who will wonder what happened.

Anonymous said...

Taxes and debt passed everywhere but cass_midway, not just kcmo.

Anonymous said...

proportionally, many outlining school districts took on more debt than the city.

Anonymous said...

Well Tonzie I guess the takeaway here is nobody listens to your crazy ass anymore.

Anonymous said...

Finally be able to get rid of the stoplights on felony freeway and get southwest trafficway rebuilt and widen.

Anonymous said...

Motown, here we come!

Anonymous said...

^^Move or shut up^^^

Anonymous said...

This will help fund the city's pension plan for its true and faithful employees mostly past and a few present.

Anonymous said...

I knew I should have sold my house last month. This is one more reason people won't be buying in KCMO.

Anonymous said...

No wonder, since you're the same sad little city hall slave.

Anonymous said...

"My real concern is how the city will use our general fund. Do we have any guarantee that it won't go to streetcar expansion?"

Let's get the expansion funded by the TDD. The city as a whole will benefit (as it has from the starter line), but the TDD folks shoulder the cost. Win-win.