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re: Green Light Project - Proposed New Roads

Posted on 9/29/16 at 2:41 pm to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 9/29/16 at 2:41 pm to
quote:

If the bonds have been sold already how would selling more bonds speed things up?


If I understand what your quoted paragraph says, only 70% of the 2005 tax proceeds were dedicated for bonding. The other 30% was a "pay as you go" tax.

The latest proposed tax from yesterday would add to the pay as you go portion and would therefore speed up the initiation of some projects.

In any case, I will be voting against all of the December 10 tax proposals on the ballot.
Posted by doubleb
Baton Rouge
Member since Aug 2006
35967 posts
Posted on 9/29/16 at 2:58 pm to
That would make sense Russian, but I was thinking that the 30% was for road maintenance. Was I wrong?

I'm voting no too. Too many taxes and no accountability as time goes on.

Nor do we seem to have any mechanism to help the whole. All these individual entities just keep on growing, keep on spending and keep on developing grander plans while other areas in the parish are neglected. They are all greedy and roll millages forward every chance they get. This use to not be the case, now it's the norm.

And don't forget the Tram is coming. They committed 10 million dollars already to the project do far and more taxes are going to be raised for the entire plan soon.

We are being hit with more and more state and local tax increases. Our pols are on tax steroids.
Posted by The Sad Banana
The gate is narrow.
Member since Jul 2008
89498 posts
Posted on 9/29/16 at 3:03 pm to
Even when you know your tax money in this case will be used on infrastructure?
Posted by WestSideTiger
Baton Rouge
Member since Jan 2004
3531 posts
Posted on 9/29/16 at 3:04 pm to
quote:

I'm in favor of almost any mills or gas taxes that go directly to infrastructure improvements.
Posted by doubleb
Baton Rouge
Member since Aug 2006
35967 posts
Posted on 9/29/16 at 3:10 pm to
quote:

Even when you know your tax money in this case will be used on infrastructure?


Three things:
One there is a limit to what we should pay in taxes and although we need roads, we pay enough overall for other things that could be used for roads.

Two the latest plan was hurriedly put together and needs to be explained better.

Third, a new administration should not be stuck with this plan and should have their chance to move forward with something else and not be stuck administering a plan they might not support.
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