Tavares, FL Residents - City Debt will soon be over $70-million ( or up to $23,000 per family of four)

 

Tavares, FL Residents - City Debt will soon be over $70-million (over $23,000 per family of four) vs ZERO in Mt. Dora or Minneola - Is that an issue for you?  

 

The current City Council just approved a new $74-million budget, including a new public works building that will cost $6-million.  The new debt total will be over $70-million including the new building, and if the new $27-million Performing Arts Center is approved on the Nov. ballot, debt will be close to $100-million.

 

If another recession hits, debt payments take priority over city services or staff, thus services and staff will be cut or taxes be raised.

 

The prior and current City Council, including Troy Singer, approved all this debt.

 

The city has almost 17,000 residents, so that is $4,100 debt for each person at $70-million, and $5,882 per person if debt is $100-million.  Or, that is a city taxpayer debt of $23,000 for a family of four.

 

Are you comfortable with that possible $100-milion Tavares taxpayer debt compared to the "pay as you go" spending policies like Minneola and Mt. Dora (The Mayors of both cities told me that.)?    

 

If so, thank the current City Council and Seat 4 incumbent Troy Singer. He is a really nice guy but apparently likes spending taxpayer funds and running up more debt.

 

If not, vote for fiscal common sense and Walter Price for Seat 4 on the City Council to start controlling the City spending.  Walter's campaign page is at https://www.facebook.com/TavaresSeat4/  

 

Vance Jochim

I am a retired government and Fortune 500 internal audit manager, and I have attended most Tavares City Council meetings for several years and made videos of 20+ Tavares related meetings at https://www.youtube.com/FiscalRangersFlorida   

 

You can follow my Tavares City Elections status page at: 

 https://www.fiscalrangers.com/tavares-fl-city-council-elections-watch-page.html   

 

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