LOCAL GOVERNMENT

The Killeen City Council will discuss new bonds for utility ratepayers, according to a five-year capital improvement program plan up for consideration today.

At a council workshop, the city will propose issuing two bonds to pay for water-sewer and drainage projects beginning in fiscal year 2020, according to a city PowerPoint presentation attached to the council’s online agenda.

Unlike roadway project debt, which is paid back through property tax revenue and must be approved by voters, the city’s two proposed debt issues will be “revenue bonds” — meaning they are paid back through utility fees and do not need voter approval.

While the presentation does not specifically list a total dollar amount for each bond, a spreadsheet shows around $9.2 million in estimated drainage projects through fiscal year 2023 and $14.75 million in water-sewer projects.

According to the City Charter, the council must draft a capital improvements program every five years to arrange for long-term funding. According to the city’s presentation, there are 138 citywide projects listed as “long-range unfunded” with a price tag of more than $879 million.

The workshop will follow the council’s regular meeting at 5 p.m. at City Hall, 101 N. College St.

The workshop will take place at the Utilities Collection Building, 210 W. Avenue C.

kyleb@kdhnews.com | 254-501-7567

(1) comment

Alvin

Posted at 1900 hours, 6-25-18.

This is the personal opinion of this writer.

Copy: 'According to the City Charter, the council must draft a capital improvements program every five years to arrange for long-term funding. According to the city’s presentation, there are 138 citywide projects listed as “long-range unfunded” with a price tag of more than $879 million.' End of copy.

Question: 'Of the 138 citywide projects listed as 'long-rang unfunded', how many projects did you provide for funding at the last 5 year planning session?'

Question: 'Where did the cost estimation come from for these projects that are estimated to be $879 million?'

Question: 'Was there a 5 year plan that was proposed that included the water-sewer and drainage projects that is to be discussed?' If not then 'what good is the '5 year plan' if nothing is ever produced or nothing is ever accounted for in the 5 year plan???? To me, if you 'make a plan', that includes the method to acquire the funds to pay for that plan. If it is not formulated then it is so much paper trash that has to be discarded and that comes with a price tag also.

Copy: 'Unlike roadway project debt, which is paid back through property tax revenue and must be approved by voters, the city’s two proposed debt issues will be “revenue bonds” — meaning they are paid back through utility fees and do not need voter approval.' End of copy.

Thiis is nothing more than a 'play on words'. If you consider a roadway, it is to be voted on by the taxpayer, but if you call it a revenue bond' the city council can vote on this measure and it is to be paid for by increasing the utility fees. Now I seem to remember that the mayor at the time when trying to get the council and citizens on board said, and I paraphrase here, that the increase of water and sewer would be a flat rate as the district was not going to increase our rates beyond what was presented here. Now with this new proposal for a water project and a sewer project, that does not list a total dollar amount for each bond, and the figures that are estimated cost figure of $9.2 million for drainage and $14.75 million in water and sewer projects. These figures are compiled for the year 2023. If that is a 5 year plan, why are we going to fill the bill as this would be something that is the future and we should start planning on 'how it is to be paid for so that we will have the necessary funds for this venture.

Besides, as alluded to previously, this is a tax by another name, one we call a tax to be voted on by the tax payer and one that is called a revenue tax in which the city council can vote this tax in. I say, 'no to the city council being capable of voting on this measure and every similar measure in the future.

This city council has been the doom of every single tax payer for the past 6 to 8 years that I have been associated with this city. \

Look at what was said about the north end of this city, lower wages but they will have the same utility bill as the rest of this city. Where is the equality in that little piece of legislation????

No I say that if it is any form of tax that is to be for the tax payer, then it should be endorsed by popular vote of the citizen. This can be a tax payer roll if the city council deems it to be below $25,000 dollars.

This has been the personal opinion of this writer and nothing shall be used, in context or without or changed in any way without first notifying, and receiving explicit approval from this writer.
One of the 4.42 % who voted.

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