Grand County Uncensored Headline Animator

Monday, February 21, 2011

Rumor Is...

... the Grand County landfill will cost $30 million dollars to mitigate.

I've learned a few things after I posted to Commissioner Newberry about the fact that it is currently sliding, and he'd probably need those funds. I think it's going to become a major problem for the county, and a major problem for taxpayers when the facts come to light.

So, if we subtract $30 million from the $9 million reserve fund the county currently maintains, that gives you... ( -$21) million dollars.

'Looks like we'll have to use government math to make up for that shortfall.

So, (-$21) million + a mill levy override + a tax increase + fee increases = $52 million dollars... Bingo! An instant $32 million windfall!

Whoops! We overstated by $1 million. No problem, we'll just tack on a bus rider fee to cover it.

Oh geez... It looks like, in our euphoria over the positive returns on our tax collection efforts, we messed up the math again. We now have $52 million dollars--not the $31 we originally came up with. That'll just go in the discretionary fund for any future eventualities like bailing out towns or school districts.

Wait, I think there's an extra $1 million now from the bus fee!?

Government finance is soooo complex. I'm completely confused.

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