Caution: This is my first of many very boring city business posts. I'll do my best to interject some humor where possible to try to keep you interested.
Last night's meeting of the Joshua Citizens Capital Projects Review Committee was interesting (at least to me). As is the case with probably any city in America there are way more projects that everyone would like to get done than there is money to do them. At this stage it is extremely likely that a bond election will be on the ballot in November. The question for the committee was what are the top priority projects to present to the voters? The tentative answer as of last night was a new fire station, road work and drainage repair.
The committee will be presenting their final suggestions to the city council in July. We, the council, will then need to work pretty quickly to make a final decision on what to put on the ballot. There are options with no tax increase and there are options with a tax increase. I'll try to get the full project list with costs for you to see here or on my web site.
The city's current financial position will allow about $3 million in bond debt without a tax increase. The committee's efforts last night to get the most done for the least amount of money was reminiscent of the movie Apollo 13 when they were trying to find just the right sequence of electrical systems without overdrawing amperage that the lunar excursion module had left in it's batteries to get Jim Lovell and company home safely. Houston we have a problem.
A.J.
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