[Board] Followup on education:
Keith Bierman
KHBKHB+METRODISTRICT at GMAIL.COM
Thu Mar 20 12:16:51 EDT 2014
Comments on the FAQ would be good:
http://chnorthmetro.us/draft-faq.html most notably if anyone can pick
a suitably similar district for the
comparison pie chart that would be great.
As discussed, I think our presentation(s) for the public meetings should
cover:
1. Background (who we are, what we do, history)
2. Finances, build the case for more $$ income.
3. Alternatives:
1. Raise taxes - fixed rate
1. Pro: easy to understand, no "risk"
2. Con: relatively expensive to adjust (election = $5K?)
2. Raise taxes - variable rate
1. Pro: Board can adjust within authorized limits without
additional costs
2. Con: Requires trust that some future Board won't be abusive.
3. Introduce assessments
1. Pro: Nearly everyone else uses it
2. Pro: No cost to changing rate as necessary
3. Con: No tax savings (anyone want to provide sample figures?)
4. Con: Much higher administrative overhead (billing, processing,
applying liens for non-payment, etc.)
4. Look for a suitable "merger" partner
1. Pro: Analysis suggests there is savings to be had in the fixed
administrative costs
2. Con: The replacement organization would have all of the same
issues AND might require expensive upgrades to be done first.
3. Con: Replacement organization would use assessments
4. Con: Replacement organization candidates are all specifically
Sanitation or Water and Sanitation Districts. It would be
infeasible for
them to pay the utility fees for the signage.
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