Terrell Brown writes: "I think Minneapolis voters have paid attention to what is referred to as "the cash hemorrhage being perpetuated downtown at City Hall"
Vicky Heller replies: I don't think they are paying attention, and I don't think any journalists are covering the subject. Between 2001 and 2002, the City's spending INCREASED by $62 million. Between 2001 and 2002, Tax collections DROPPED by $11 million. Between 2001 and 2002, LGA subsidies to Minneapolis INCREASED by $11 million. The impossible debt load in Minneapolis began with the "Common Project" fiasco - when the City decided to set aside $400 million to fund NRP - rather than pay off existing debts. Coincidentally, it was also when the City Council became the MCDA Commissioners. Since that time, the debts have grown exponentially and the money handed out by the MCDA has been purely political. The severe financial trouble in the City can be easily traced. The CAFR reports through 2002 are available on the City's website. 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 flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
