September 28, 2016
On Monday, Sept 12, 2016 the Plano City Council unanimously passed the 2016-2017 proposed budget. The Mayor thinks the budget is a wonderful example of fiscal responsibility; however, the city will be spending more money next year then last year. The city is already 41 million dollars in debt, and if the budget is fiscally responsible, we should not spend more then we take in. These would be logical conclusions, but we are talking about the language of a politician. We need to remember that politicians' language is very different from our own.
For 2016-2017 the revenue is projected to be $317 million; that is up from last year. The operating budget is $317 million, which is also higher than last year. If you only saw that, you would think we have a balanced budget. The problem with that, is our debt is part of the operating budget. The following are a list of things in the budget that caught my attention. The words in brackets are my thoughts about the item.