[Mpls] New Sales Tax: Another nail in the coffin for the Mpls economy

2005-02-12 Thread Victoria Heller
Where traditional retail operations are growing at about 4.5% annually, online sales are growing at a rate of 28%. It's clear to see where the trends are going. They are going to online stores. These figures are good news for every business owner, particularly those in small towns. Why? To

[Mpls] Proposed legislation of interest to Minneapolis

2005-02-11 Thread Victoria Heller
Senate Bill 835 (Urban Renewal Areas established): Introduced by Sen. Don Betzold and Sen. Lawrence J. Pogemiller on February 10, 2005, to allow economic development authorities with tax increment financing authority to designate Urban Renewal Areas after city and county approval. Normal

[Mpls] Mpls Property Values....what a relief!

2005-02-10 Thread Victoria Heller
So the claims that it's the Governor's fault and it's the Legislature's fault turn out to be false. The erosion of the commercial market in Minneapolis seems to be the real problem. Office vacancies are 4 times higher than required for a stable market. Where have all of the businesses gone?

[Mpls] Can the Public Library (and Democracy) Survive? [Headline from The Rake Magazine]

2005-02-10 Thread Victoria Heller
The industrialist Andrew Carnegie built thousands of libraries at the turn of the twentieth century, mostly throughout the United States and the British Isles. It's possible that he sought historical redemption for the rough manner in which some of his factory workers were treated. But the main

[Mpls] Minneapolis should start collecting its bad debts too

2005-02-09 Thread Victoria Heller
American consumers are living closer to the financial edge than ever, and that's good business for debt-collection agencies. Meanwhile, the army of debt collectors poised to come after late payers is growing. Collection agencies nationwide have tripled their income in the past 10 years and

[Mpls] Minneapolis should start collecting its bad debts too

2005-02-09 Thread Victoria Heller
The StarTribune hasn't had a property tax increase. In fact its headquarters building taxable valuation has dropped.despite the LRT station's arrival.. 2001 $9.1 million 2002 $8.8 million 2003 $8.6 million 2004 $8.6 million 'Nuff said Vicky Heller North Oaks and Cedar-Riverside

[Mpls] Big egos, big spending, big taxing: It must be Minneapolis

2005-02-06 Thread Victoria Heller
Today's Pioneer Press To pay for the new library and other system improvements, Minneapolis residents voted to raise their property taxes by $140 million. A private campaign is raising an additional $15 million, Ulseth said. The library is scheduled to open in the spring of 2006. [VH] The

[Mpls] Minneapolis TIFfy Fit

2005-02-05 Thread Victoria Heller
Brown: We should remember that in Minneapolis the TIF tap has been pretty much cut off. Gone are the days when every downtown project had a subsidy. Heller: What about the $30 million TIF contribution to Ryan Construction and George Sherman for the Sear's site? The ink is barely dry on that

[Mpls] Translations for election year mumbo-jumbo....

2005-02-04 Thread Victoria Heller
Provided as a public service to Minneapolis voters: LEVERAGE - Small amount of cash, huge amount of debt. PUBLIC-PRIVATE PARTNERSHIP - Private entity gets the cash, taxpayers get the debt, plus interest. INVESTMENT - Handing over public cash, roll the dice, hope there's a return someday (after

[Mpls] Welcoming Business: Wells Fargo picks Des Moines, Iowa

2005-02-03 Thread Victoria Heller
From the Mortgage Chronicle 5/12/04: Wells Plans to Add 1000 Jobs in Iowa Wells Fargo's Home Consumer Finance Group plans to build three office buildings and one training center in Iowa, a spokesman said. He said the group is aiming at housing 2,300 existing employees and 1,000 positions from

[Mpls] Paying for the Glass Palace Library and other public freebies

2005-02-02 Thread Victoria Heller
WizardMarks: Fancy fundraisers are needed to complete the [library] project. That's where the captains of industry get a chance to shine and flash money and pay some of the freight on this venture. I hope you didn't think they [Walker and Carnegie] would keep that up forever. Vicky Heller:

[Mpls] Welcoming Business

2005-02-02 Thread Victoria Heller
[Barb Lickness] The Phillips neighborhoods have worked with the Midtown Exchange redevelopment project from it's inception as did Powderhorn. Between the relocation of Wells Fargo Mortgage and Allina, over 3,500 jobs will be added to Midtown Phillips and Phillips West. [Vicky Heller] The 3,500

[Mpls] Rybak launches blog, most candidates afraid to leave record

2005-01-31 Thread Victoria Heller
Tonight, Rybak will unveil his campaign Web log, or blog, a part online diary and part forum that many credit with helping launch Howard Dean - temporarily - to the top of the race for the 2004 Democratic presidential nomination. John Palfrey, the executive director of the Center for Internet and

[Mpls] Of $42, 664 in property taxes this year, I pay the City general fund $96

2005-01-31 Thread Victoria Heller
Last week, a candidate for City council mentioned never having seen a property tax bill - other than his/her own (not in a TIF district). It occurred to me that most Minneapolis voters have no idea how the property tax system works in Minneapolis, so I prepared a spreadsheet for the ten parcels

[Mpls] Minneapolis homeowners pay 400% more property taxes than St. Paul

2005-01-30 Thread Victoria Heller
Today's Pioneer Press: Joseph and Ellen Konstan live in a $1.65 million home they built recently on Summit Avenue. They have a hefty city property tax bill of $6,765, but are paying only $84 in new fees because they have a relatively narrow lot. They're paying $1,100 less than they would have had

[Mpls] This idea will improve student performance, parent involvement....

2005-01-30 Thread Victoria Heller
CHEYENNE -- Attention high school students with at least a 2.5 GPA enrolled in challenging courses: Stay in Wyoming for college and it won't cost you a dime. That is, at least if Rep. Pat Childers, R-Cody, has his way. Childers wants to reward Wyoming students who do well in school and stay out

[Mpls] Minneapolis industrial property taxes STILL 14th highest in nation

2005-01-28 Thread Victoria Heller
Baby steps in the right direction 1995 - Minneapolis was #1 2002 - Minneapolis was #9 2004 - Minneapolis was #14 At this rate, Minneapolis might be able to attract some business activity by mid-century. In the meantime, homeowners will pay more and more of the colossal cost of City

[Mpls] Proposed legislation of interest to Minneapolis

2005-01-28 Thread Victoria Heller
Senate Bill 561 (Prohibition Against New Tax Increment Finance Districts): Introduced by Sen. John Marty on January 27, 2005, to prohibit new or extended tax increment finance districts. The bill would mandate that local governments conduct public hearings before providing any business subsidies

[Mpls] Proposed legislation of interest to Minneapolis

2005-01-27 Thread Victoria Heller
Senate Bill 496 (Local Government Retirement Funds Invested by State Board of Investment): Introduced by Sen. Cal Larson on January 26, 2005, to require for the investment of the assets of a series of local retirement plans by the state board investment including the Fairmont and Minneapolis

[Mpls] Population growth for cities over 100,000 population

2005-01-27 Thread Victoria Heller
The following table shows the U.S. Census estimates for 245 cities with populations over 100,000, using CONSISTENT methodology. It reflects changes (estimates based on interim data) for one year only - July 2002 to July 2003. This is the report that was released last June. Minneapolis is shown

[Mpls] Vicky Heller's Bulls eye

2005-01-26 Thread Victoria Heller
. The more you abuse credit cards, the less money you have to spend on food. [Jim Mork] It seems that Victoria Heller, the North Oaks critic who loves to hate everything any Minneapolis ruling body does is still using faulty logic and gross generalizations to steer away from any authentic solutions

[Mpls] Minneapolis Babble and Denial

2005-01-26 Thread Victoria Heller
[Terrell Brown] Perhaps that explains why the population of Minneapolis increased in the last decade (US Gov't census data). Or is that an inodus [Vicky here] Please cite your source. Here's mine which was also published in the Strib a few months ago. POPULATION DECREASE The population

[Mpls] Vicky Heller's Bulls eye (Was Vicky Heller's Error)

2005-01-25 Thread Victoria Heller
[lomonaco at polisci.umn.edu] The trouble with this claim is that it in no way makes clear what the connection is between the NRP and the problems it points to. [Vicky Heller] I can tell by your comments that you have never looked at the Minneapolis Comprehensive Financial Reports (CAFR). Why

[Mpls] Politicking and the NRP...Wake up and smell the deficits!

2005-01-24 Thread Victoria Heller
[Dorothy Titus] I don't see how it would be better to let the city council determine where the money is spent. [Vicky Heller] Excuse me! Why do you think they get elected? The City Council is supposed to safeguard the public treasury; use money wisely. They are supposed to deal with

[Mpls] Proposed legislation affecting Minneapolis

2005-01-24 Thread Victoria Heller
Senate Bill 318 (Local Government Property Tax and Fee Freeze): Introduced by Sen. Lawrence J. Pogemiller on January 13, 2005, to prohibit local governments from increasing property taxes or fees. The state would be required to pay local governments for any reductions made to state aid during

[Mpls] Tony and money!

2005-01-23 Thread Victoria Heller
Annie Young: I just want to say: That one of the things I did admire about Tony [Scallon] when he served on the council was his ability to understand the City budget and how money moves around during budget time. Heller here: Boy oh boy. Staying within the List rules is going to be tough on

[Mpls] Proposed legislation affecting Minneapolis

2005-01-22 Thread Victoria Heller
House Bill 342 (Minneapolis Tax Increment Finance District Duration Extension): Introduced by Rep. Karen Clark on January 20, 2005, to remove the time limit on a redevelopment tax increment financing district in Minneapolis (SF413 Companion Bill). Details and Comments:

[Mpls] Rybak mailings: $42K taxpayer cost

2005-01-21 Thread Victoria Heller
[Strib] The newsletter talks about efforts by the administration that range from targeting repeat offenders and fiscal responsibility to airport, air quality and trees. [Heller] In the fiscal responsibility category, I hope Candidate Rybak explains the $30 million TIF gift to the developers of

[Mpls] Stone Arch Apartments

2005-01-20 Thread Victoria Heller
The real heroes are people like Paul Klodt, Bill Cullen and many others who provide affordable housing with NO government subsidies, NO developer's fees, NO credit enhancement fees, NO bond underwriting fees, and NO harm to the Minneapolis taxpayers. Readers need to understand that, after all

[Mpls] Turbocharged Truth-in-Taxation: Yes Governor Pawlenty!!!!

2005-01-19 Thread Victoria Heller
The handwriting is on the wall - local units of government will eventually have to disclose actual expenditures and justify tax increases. Pawlenty must be tired of being blamed for the reckless financial shenanigans at the local and county levels. What a politically astute move: Who would dare

[Mpls] Consider the source...

2005-01-17 Thread Victoria Heller
Steve Cross: However, I think that it is time for me, and all of us, just to consider the source of all of her [Vicky's] accusations and just ignore them. Vicky replies: Just to clarify that all of my sources are VERIFIABLE public documents. Nothing secret. The only difference between me and

[Mpls] Fundraising Idea for Minneapolis Pensions: Spanking Fannie

2005-01-16 Thread Victoria Heller
From The Daily Reckoning Weekend Edition January 15-16, 2005 Fannie is in the news again, and it sure ain't good news. Two Ohio public retirement funds have been granted lead plaintiff status in the case against Fannie, Ohio's Attorney General announced on Thursday. These two retirement funds -

[Mpls] Fundraising Idea for Minneapolis Pensions: Spanking Fannie

2005-01-16 Thread Victoria Heller
I didn't make my point very well. So I'll try again. Other governments GET ANGRY and GET ACTIVE when their constituents are ripped off. They sue! They scream! They pound on the table! But not in Minneapolis. Minneapolis sweeps the fraud under the table and pretends it didn't happen.

[Mpls] Libelous claims about Cedar Square West

2005-01-15 Thread Victoria Heller
an alternative view of Minneapolis history. Public notice posted by... Victoria Heller North Oaks and Cedar-Riverside REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame

[Mpls] Happy To Pray For A Better Minneapolis

2005-01-15 Thread Victoria Heller
Now I lay me down to sleep, I pray birth City your soul to keep, Guard us while we sleep tonight, And wake us honest at day's first light. An election year has just arrived, Candidates come with schemes contrived, I pray that voters see the truth, For everyone's sake, even this sleuth. Vicky

[Mpls] Minneapolis needs innovative leadership - not more of the same

2005-01-14 Thread Victoria Heller
Bernstein: Instead, there are a lot of folks who want to know that city leadership is focused on making Minneapolis a safer, cleaner, responsive, compassionate (but definitely not conservative) place to live and work. Heller: We've been hearing this same story for decades - and it hasn't

[Mpls] 3rd Grade Class

2005-01-14 Thread Victoria Heller
Russell Raczkowski: That's why when Minneapolis institutes a fee for all suburban recipients entering the city by car to make money, to attend entertainment events, to shop, or to partake of some of the city's illicit pleasures, I expect not a peep out of them. Vicky Heller: I don't think

[Mpls] Budget mystery: Independent Boards are missing

2005-01-13 Thread Victoria Heller
Jim Bernstein: I'm not sure what your point was or why you spent time sleuthing around but an e-mail or a phone call to me could have quickly informed you that if there was line item in the city budget for compensation and benefits paid to Charter Commissioners it would read NONE! Vicky Heller:

[Mpls] Government Beans

2005-01-13 Thread Victoria Heller
Good news Mike - I just bought you a copy of With or Without Beans: An Informal Biography of Texas Chili That was an easy way to save Minneapolis $100 million. No need to thank me, I make many charitable contributions for the public good. Vicky Heller North Oaks and Cedar-Riverside Mike

[Mpls] $10 million for the Shubert comes after the Senate's disco-ball

2005-01-12 Thread Victoria Heller
From the Taxpayers League E-Update on January 7, 2005. But what a steal at $6800/foot to move the Shubert two blocks Back in 1999 the city of Minneapolis moved the Shubert Theatre a few hundred feet from its original location to make room for the Block E development. At a cost of $4.7

[Mpls] Charter Commission: What will the Strib and the Legislature think?

2005-01-11 Thread Victoria Heller
Listmember Jim Bernstein is also the Chair of the City's Charter Commissionand a candidate for the City Council! From Mr. Bernstein's posts: My conclusion: the dumbing down of America and more people voting republican is not a coincidence! 5/13/04 Why [not park near a Bush sign]? Fear of

[Mpls] Charter Commission: What will the Strib and the Legislature think?

2005-01-11 Thread Victoria Heller
Oops - after all of that cutting and pasting, I forgot to sign my post. Vicky Heller North Oaks and Cedar-Riverside REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious

[Mpls] Minneapolis style problem solving.....

2005-01-10 Thread Victoria Heller
BARB JOHNSON'S DEBT-REDUCTION PLAN The answer, according to Council Member Barbara Johnson (Ward 4), is to make a deal with the state legislature. CALIFORNIA'S DEBT-REDUCTION PLAN Schwarzenegger also took aim at pensions being paid to state and other public employees. He said that only four

[Mpls] Government

2005-01-10 Thread Victoria Heller
Steven Cross: I am weary of Ms. Heller's endless attacks on good government. Vicky Heller: Marching toward bankruptcy is not a form of good government. Withholding financial data from the taxpayers and voters is not a form of good government. Tripling property taxes in Minneapolis over the

[Mpls] Government

2005-01-09 Thread Victoria Heller
Jim Bernstein: The cold hard truth of it is that you are utterly dependent on government for almost everything you do - you have been for a long time and will continue to be as long as you live. Vicky Heller: Your statement may apply to you, but I've never been on the government payroll. Quite

[Mpls] Transit Modes

2005-01-08 Thread Victoria Heller
Here is something to keep in mind as Listmembers fantasize about transit modes that you can't afford, at least for the next several years. A very large number of people, even in Minneapolis, do not want to become dependent on government - for anything. I'm included in this group because I

[Mpls] Blowers Unite!

2005-01-07 Thread Victoria Heller
Whether it's leaves, smoke, hot air, or anything else -- do not give up your RIGHT TO BLOW, at least on private property. Without thinking about consequences, Minneapolis is gaining momentum as it slides down that slippery slope towards tyranny. If government can regulate conduct on private

[Mpls] Blowers Unite!

2005-01-07 Thread Victoria Heller
David Shove: I like to eat really fresh meat, so I raise chickens in my apartment. (free-apartment chickens). Then when I get hungry, I look over the flock and pick one out to be my dinner. Whether it's chickens, pigs, goats, or anything else -- do not give up your RIGHT TO SLAUGHTER, at least

[Mpls] Media types continue to spread false information

2005-01-04 Thread Victoria Heller
Brauer: The state approved $87 million in 1998 for the Convention Center's expansion - but that was two governors ago (remember Arne Carlson?). Heller: Wrong again David. Finance Director Patrick Born should be your source. A few months ago, I posted to this List about a mystery donor of

[Mpls] Bond ratings...not worth the paper they're printed on

2005-01-04 Thread Victoria Heller
Nick Frank: At least one rating agency lowered the MN state bond rating under the current administration of supposedly superior financial minds. This occurred because they refused to take action to address the structural deficits inherent at the state level so clearly the bond houses don't just

[Mpls] Republican Views of Minneapolis

2005-01-03 Thread Victoria Heller
Brauer: The city retains a triple-A rating, the highest investment grade. The bond houses don't give that to bankrupt cities. Heller: Not so fast. S P rated the Enron bonds AAA until six weeks prior to its bankruptcy. The rating agencies will say anything for a large enough fee. Also, the

[Mpls] Omar

2005-01-03 Thread Victoria Heller
Linda Koelman writes: The same person who may be scrupulous about truth-telling any other time can be given advice that it is not in their best interests to be completely honest. Vicky Heller: Lying is NEVER the correct thing to do. Real leaders tell the truth, whether or not it's in their

[Mpls] Cartoon character quotes from Minneapolis leaders

2005-01-02 Thread Victoria Heller
NRP Director Bob Miller in today's Strib. NRP is not just about [$400 million] dollars, he said, it's about the fact you're empowering residents themselves. If they make a mistake, they pay for it. The money is lost. http://www.startribune.com/stories/587/5164381.html Relayed by Vicky

[Mpls] Minneapolis teachers' pensions evaporate...(today's Strib)

2005-01-02 Thread Victoria Heller
The state of the Minneapolis teachers' pension fund, already the invalid among major public pensions in Minnesota, has taken a sharp turn for the worse. The fund has a $851 million gap between assets and its obligations to pay current and future pensions, as of last June 30. That's up $126

[Mpls] Bust the bank failure in Minneapolis (today's Strib)

2005-01-01 Thread Victoria Heller
Simply put: Minneapolis is now walking firmly in the direction of financial failure of the sort that has haunted cities all over the rest of the country for decades. Real failure. Bust the bank failure. The kind of failure that could affect the financial reputation of the entire state. The entire

[Mpls] Smoking Ban: Political whim vs. Founding Principles

2004-12-30 Thread Victoria Heller
I am utterly amazed by the number of people who have no knowledge of American history and thus cannot distinguish between group think and Constitutional rights. Not long ago, it was OK to hang the town drunk from the nearest oak tree -- for the public good. Lots of outrageous conduct has been

[Mpls] Minneapolis tops in taxes (today's Pioneer Press)

2004-12-30 Thread Victoria Heller
http://www.twincities.com/mld/twincities/news/local/10525468.htm Minneapolis residential taxes take 1ST PLACE - and they're going to triple! The good news is that EVENTUALLY the voters in Minneapolis will pay attention to SPENDING. Thus far, they have been insulated from financial reality by

[Mpls] Bonding for pensions in Mpls.

2004-12-29 Thread Victoria Heller
State Rep. Phyllis Kahn 59B writes: I know pensions and present value costs are just too boring to be worthy of discussion, but I'm trying. Vicky: The pension hemorrhage is the most important issue Minneapolis faces (followed by crushing debt). But some facts are missing from the discussion:

[Mpls] Smoking Ban fallout

2004-12-29 Thread Victoria Heller
David Rust states: Where these laws have been passed in other cities, there is always a drop-off in bar traffic at first but it does re-bound. Vicky asks: Is the City willing to fund any financial losses until business rebounds? And how long will that take? I hope several lawsuits are filed

[Mpls] Cedar Square West receives 25 year award from American Institute of Architects

2004-12-28 Thread Victoria Heller
The following link highlights the award that I accepted as President of Cedar-Riverside Associates along with our architect Ralph Rapson. http://www.aia-mn.org/awards/25YearAward.cfm The property accumulation in Cedar-Riverside, led by my late husband, was the largest privately financed land

[Mpls] Sales Tax Increase for Police: Another reason to leave town

2004-12-23 Thread Victoria Heller
Mark Synder: Once again Ms. Heller demonstrates an inability to tell the whole story. Vicky Heller: Gosh, I assumed that Listmembers could read. That's why I included the link to the WHOLE STORY. If others want to be spoon fed, just let me know. Dyna Sluyter: ...the growth trends you

[Mpls] Sales Tax Increase for Police: Another reason to leave town

2004-12-22 Thread Victoria Heller
Here's a prime example of desperate government in action! Minneapolis has SPENT itself into a corner. Not only will property taxes TRIPLE over the next few years, but now the politicians want to increase sales taxes! Nice job Minneapolis DFL. A lesson in free markets from today's Strib:

[Mpls] Cruel and unusual punishment: Banished to Minneapolis!

2004-12-17 Thread Victoria Heller
[Mayor] Kelly singled out Council Members Jay Benanav, Dave Thune, Kathy Lantry and Lee Helgen and suggested that the gang of four set up shop across the river. If they want to have a city government like Minneapolis that everyone agrees doesn't work, then they should move there and get elected

[Mpls] Cruel and unusual punishment: Banished to Minneapolis!

2004-12-17 Thread Victoria Heller
Brauer: Minneapolis passed its budget 12-1 with Mayor Rybak and the council working respectfully together (at least in public). Heller: I should hope so! After all, they hired a taxpayer funded hug therapist as soon as they convened. Remember? I'll give them an A+ for civil behavior and an

[Mpls] City Pages article on assessment

2004-12-16 Thread Victoria Heller
Brauer: ...could you please cite a source that total Minneapolis commercial values are decreasing? Heller: You might want to talk to Council Member Lisa Goodman. About a year ago, she told me that downtown's share of property taxes has dropped precipitously; from 50% to 20% I think.

[Mpls] City Pages article on assessment

2004-12-16 Thread Victoria Heller
As a result, homeowners, who paid approximately 32 percent of Minneapolis property taxes in 1997, are expected to shoulder 53 percent of the burden next year. .from Mike Mosedale's article. [Vicky] This is a VERY important sentence. But percentages can distort what's really happening. As

[Mpls] City Pages story on assessments

2004-12-15 Thread Victoria Heller
[David Brauer].it puts the blame less on the assessor's department than on litigation and the courts. Maybe our focus should turn from a scandal involving city employees to tort reform! [Vicky Heller]and who do you think represents the City in court? Hint: The Minneapolis assessors! It

[Mpls] Police budget: City lied at Monday's hearing....

2004-12-09 Thread Victoria Heller
Today's Strib: City spokeswoman Gail Plewacki noted that Mayor R.T. Rybak's proposed city budget has recommended a police budget increase of about $2.4 million to $101.8 million next year. [VH] The 2005 proposed budget that was handed out at Monday's Truth in Taxation hearing shows Police

[Mpls] Property Taxes: Foolish spending makes us poor

2004-12-08 Thread Victoria Heller
[Vevang] We are the richest nation on earth, we are in one of the richer cities in a richer state in the richest nation. [VH] Wrong on all three counts. We are the greatest DEBTOR nation in the history of the world. Asians must lend the U. S. $1.8 Billion PER DAY to finance Americans'

[Mpls] Sabri lacked the sophistication of modern crooks

2004-12-08 Thread Victoria Heller
I actually feel sorry for Sabri; not because he is innocent, but because he used the old-fashioned form of bribery that is common around the world. He wasn't in Minneapolis long enough to learn new techniques for obtaining quid pro quo (favor for favor, you grease my palm and I'll grease yours').

[Mpls] Minneapolis Tax Assessor: You're Fired!

2004-12-07 Thread Victoria Heller
Tim Bonham: Having worked at Hennepin County Data Processing, where the 'secret formula' is applied to property, I can assure you that the Property Information database has no fields telling the party affiliation of either the property or the owner of the property. Vicky Heller: I hope other

[Mpls] 2005 Recommended Budget: A big dose of fuzzy math

2004-12-07 Thread Victoria Heller
Last night's Truth in Taxation hearing should be renamed to Money Hide and Seek. C. M. Ostrow presided and made it clear that the Council Members would ANSWER NO QUESTIONS. It was one of those listening events. I didn't stay long because there was such a long line of other people signed up to

[Mpls] Tonight's the night! Room 317, City Hall, 5:05 p.m.

2004-12-06 Thread Victoria Heller
Come and get your free Pie Chart! It's the annual Truth in Taxation hearing. Let's see if the Mayor and Council Members have the nerve to show up. In 2002, C. M. Zerby was absent. I was told that he was in Cuba and have been wondering ever since if Mpls taxpayers paid for the trip. Mayor

[Mpls] Is it fraud or a boo boo? You decide.

2004-12-05 Thread Victoria Heller
I hope that there are a few people left in Minneapolis who haven't abandoned their principles to keep their property taxes low. Here's today's example: Former Council Members Minn and Cherryhomes prance into the MCDA with documents showing that their Stone Arch project is worth $33.5 million.

[Mpls] Car Sharing for the Twin Cities getting closer..

2004-12-05 Thread Victoria Heller
Mark Snyder writes: Now consider that another feature of hOurCar is that businesses can sign up for this program rather than have to maintain their own stand-alone fleets and all of the various costs associated with them. Vicky adds: I hope the City of Minneapolis signs up immediately. The

[Mpls] Property taxes for homestead property must INCREASE

2004-12-04 Thread Victoria Heller
Brauer: If everyone is under assessed - as Vicky seems to imply with her many examples, increasing assessments won't change anyone's share. Heller: What kind of logic is that? Homeowners should be paying MORE TAXES (a much larger share of the total burden), which will bring in a lot more money

[Mpls] Property tax story of the day......with some ethical considerations

2004-12-03 Thread Victoria Heller
A Listmember posted on 9/15/04: My house is now worth $300K and I am paying close to $1,500 in taxes. Using this house as an example for taxes payable in 2004.. The Mpls Assessor says the Market Value is $169,500. The Mpls Assessor says the Taxable Value is $115,800. The taxes are

[Mpls] Property tax story of the day......with some ethical considerations

2004-12-03 Thread Victoria Heller
John Harris falsely accuses: I don't expect Victoria to answer as she is very good at throwing out outrageous claims and then never readdressing them. Vicky here: There must be some amnesia here on the List since I've been posting examples for almost three years. One recent post on the subject

[Mpls] Park Board: Who makes these goofy rules?

2004-12-02 Thread Victoria Heller
Mike Hohmann writes: These 'non tax-supported' operating funds (about $20 million at the time) were off limits for public discussion in the overall 'public' budget-planning process, and probably still are off-limits for public discussion purposes. So let's get this straight. The publicly funded

[Mpls] Minneapolis budget process....it's been awfully quiet

2004-12-01 Thread Victoria Heller
The Truth in Taxation hearing is next Monday (room 317 City Hall, 5:05 p.m.), but not much has been discussed since the Strib article about the $278 million pension shortfall. LGA subsidies for Minneapolis from State taxpayers seem a little tenuous... From today's Strib story.. After

[Mpls] Park Board Meetings Wednesday

2004-12-01 Thread Victoria Heller
To those who attend the meeting tonight; please ask about the following accounting discrepancy. The Park Board claims that its budget is around $50 million annually. However, the City's Truth in Taxation budget shows Parks and Recreation expenditures as nearly $80 million. This $80 million,

[Mpls] Terrific Condomania article in CityPages.....

2004-11-24 Thread Victoria Heller
Prices falling..watch out below! I hope there's no public money in these deals (other than $95 million in The Village at St. Anthony). http://www.citypages.com/databank/25/1251/article12714.asp Relayed by Vicky Heller North Oaks and Cedar-Riverside REMINDERS: 1. Think a member has

[Mpls] Why the division between Park Board Commissioners?

2004-11-24 Thread Victoria Heller
Ken Bradley asks: Why can't board members work more cooperatively together? Why is the board appear to be so divided? (The board appears to be bitterly divided more often then not. Other city boards at least appear to be able to work together, even when board members have significant

[Mpls] A brief message for the anti-smoking bullies

2004-11-23 Thread Victoria Heller
Lots of silly comments are being made by people who clearly don't understand economics or American history. The economic perspective: Private business must ATTRACT customers. They cannot force anyone to enter their premises or spend money there. Bullies don't understand the voluntary nature

[Mpls] Smoking

2004-11-22 Thread Victoria Heller
On Election Day, the voters in Duluth told the do-gooder nanny anti-smoking zealots to go to hell.as quoted by Larry Oakes in his Strib story published on November 8th. Smoking will still be OK in Duluth bars and private clubs. Additional info provided by Vicky Heller North Oaks and

[Mpls] $1.8 billion of crushing debt leads to bankruptcy.......

2004-11-22 Thread Victoria Heller
No, no, noit's not Minneapolis. It is Donald Trump's casino empire, again. For those who want to find out how Minneapolis plans to deal with its crushing debt, be sure to attend the Truth in Taxation hearing on December 6th at 5:05 p.m., Room 317, City Hall (350 South 5th Street). We'll

[Mpls] Theater Bond Debt: The Devil is in the details

2004-11-21 Thread Victoria Heller
Worth noting is that the Orpheum bonds were sold to Rebecca Yanisch's husband, father, and another insider. These bonds yielded 9% interest, tax-free. Unfortunately, the details are seldom made public. Even if Minneapolis was lucky enough to have investigative journalists, I'm not convinced

[Mpls] What's the Minneapolis murder count this year?

2004-11-18 Thread Victoria Heller
I read about a new one almost every day lately. Today's entry: http://www.startribune.com/stories/462/5092275.html Vicky Heller North Oaks and Cedar-Riverside REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2.

[Mpls] IDS tower sold

2004-11-11 Thread Victoria Heller
Bruce Gaarder notes: So it sold for $220,000,000. That should be good new for Minneapolis taxpayers. The taxable market value for 2004 taxes was $111,512,000 yielding a tax of $4,560,424.10. Vicky Heller adds: A couple of pen strokes have increased the Minneapolis tax base by $144 million.

[Mpls] IDS tower sold

2004-11-11 Thread Victoria Heller
[Brauer] I think the point is that Mpls real estate goes up as well as down. It isn't all negative examples, as some suggest. [Heller] You're absolutely correct. It looks like Minneapolis is sitting on a gold mine. [Brauer] I have questions into the assessor's office about how they perform

[Mpls] Nicollet Hotel Block

2004-11-08 Thread Victoria Heller
Mayor Rybak wrote: The city now owns it and it strikes me that this can and needs to be a landmark development The city originally acquired this as a terminal site for the Nicollet Mall shuttle...but we want it to be more exciting than that... ..it would be a shame to have it be a

[Mpls] Business property values plunge in Minneapolis

2004-10-27 Thread Victoria Heller
If you want to know why property tax collections are dropping in Minneapolis, you must become familiar with the City's property tax information website: http://apps.ci.minneapolis.mn.us/pi.app/address_selection/address.asp Look up 801 Nicollet. On the left margin, select valuation history. You

[Mpls] Business property values plunge - addendum

2004-10-27 Thread Victoria Heller
A listmember reminded me that 801 Nicollet is the Midwest Plaza building - which has lost almost half of its value in the past five years; from $17 million to $8.9 million. The old Dayton's building, now May Department Stores, is at 700 Nicollet. Its value hit a high in 1991 of $13.7 million and

[Mpls] MCEP's new leader leaves businesses out

2004-10-26 Thread Victoria Heller
Council Member Dan Niziolek implores: But I also know we can and must do better at engaging our residents and businesses. Joseph Barisonzi, MCEP's new leader writes. List, What have people found that works about the current community engagement opportunities in Minneapolis? For residents?

[Mpls] $30m in TIF funds to be redirected to affordable housing?

2004-10-25 Thread Victoria Heller
Doug Walter writes: This action would allocate $21.5 million of the tax increment revenues expected over the next five years to affordable housing and additional $8.8 million for administration of those funds. Vicky Heller adds: The CPED folks want the $8.8 million of administrative fees to pay

[Mpls] City pension task force releases recommendations

2004-10-20 Thread Victoria Heller
The Ponzi scheme unravels: Minneapolis property taxpayers could be on the hook for a projected $278 million pension fund shortfall if City Hall leaders don't come up with an escape plan. By comparison, the size of the entire city property tax levy for 2004 is $172 million. [Plus the $68 million

[Mpls] Job Opening: City needs financial analyst..... [No Kidding!]

2004-10-20 Thread Victoria Heller
The City of Minneapolis Department of Community Planning and Economic Development (CPED) is currently looking to fill the position of Financial Analyst I in its Business Finance Section. The job description contains the following summary of the position: Performs complex underwriting work

[Mpls] Outsourcing jobs and exporting NRP money to Germany....

2004-10-08 Thread Victoria Heller
Roberta Englund boasts. The equipment, imported from Germany, provides an exceptional play experience and Webber is the only park in Minneapolis that offers this experience for neighborhood children, and any who choose to visit! Project costs were $375,000 dollars. $125,000 of that cost was

[Mpls] Betcha didn't know - City taxpayers own the Saks building!

2004-10-08 Thread Victoria Heller
From today's Strib... Officials in Minneapolis were trying to determine what the departure of Saks would mean for the city, which owns the building the store occupies. In Minneapolis, Saks is bound by a lease with Brookfield that runs through 2015. Brookfield in turn has a lease with the city.

[Mpls] Schools get terror alert from Feds

2004-10-07 Thread Victoria Heller
From Yahoo News: The warning follows an analysis by the FBI (news - web sites) and the Homeland Security Department of the siege that killed nearly 340 people, many of them students, in the city of Beslan last month. The horror of this attack may have created significant anxiety in our own

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