make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

surplus already?

Forgive me if I don't understand, first there is a shortfall of $800K and now there is a surplus that will allow $60K to be borrowed from the fund or is it just being taken away like the federal gov't has done to the social security fund?

And, now that we have cleared the shortfall in the parking fund and have a surplus, is this indicative that business downtown is good?

Or, are we still in the hole on the parking fund and are now just borrowing more money to market downtown hoping that the parking garages are going to turn a profit?

One would expect any funds from parking would go for parking improvements and to pay off previous debt associated with parking. What is to stop the reallocation of funds from road work, police or the fire departments in order to build a zoo or ball park?

Reply

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.