Letters to the Editor

Bainbridge Letters to the Editor — May 28

City government

COBI: Asleep at the wheel

If one wonders why the 2008 City of Bainbridge Island budget is in trouble, look no further than the revenue assumptions on pages R-1 and R-2 of the final budget document.

The economy began to sink in August 2007 and the 2008 budget wasn’t passed by the City Council until mid-December. Nonetheless, the administration did not adjust a budget prepared in part based on the following revenue assumptions:

1) Sales taxes – up 20 percent from 2007 collections;

2) Real estate excise taxes – up 7 percent from 2007 receipts;

3) Commercial parking tax – up 15 percent over 2007 budget amounts;

4) Building permits – up 10 percent over 2007 collections;

5) Plan check fees – up 10 percent over 2007 collections;

6) Utility system participation fees - up 10 percent over 2007 collections;

7) Capital grants – sum of grants identified as “likely.”

DANIEL SMITH

Bainbridge Island

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.
blog comments powered by Disqus

Read the Nov 21
Green Edition

Browse the print edition page by page, including stories and ads.

Browse the archives.

Friends to Follow

View All Updates