Watching to make sure city uses rainy day funds right
Now that the College Station City Council has voted to increase the city tax rate the maximum amount allowed by law, there are a couple of things to note.
First, given that every one of the council members who voted for the maximum increase has the property taxes on their own home frozen and will not pay one dime more in taxes, this is a rather shameful case of "do as I say, not as I do."
But putting that annoying feature aside, the rationale as I understand it for the maximum increase was not because of current city needs. Instead, impending changes in state law will limit future increases (thank goodness), so the council members told us they had to get the money now because it will (might?) be needed in the future.
Well, in that case, show me. Establish an explicit "rainy day fund" and sequester these additional funds so that they will be available in the future. Don't just spend them because they now happen to be there.
If you are going to take advantage of raising most everyone else's taxes while your own stay frozen, at least be consistent with the story you told us and save these extra funds for later.
We will be watching.
DONALD DEERE, College Station