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troutman · 06-29-2012, 11:19 AM

Our View: Taxpayers have say in Glendale's future

http://www.azcentral.com/members/Blo...torials/165019

Over the past 10 days, upset taxpayers said they will be seeking referendums on two recent council decisions — an arena agreement with a potential Coyotes’ buyer and increased sales taxes in the city.

These referendums could further exacerbate the city’s precarious financial situation.

Glendale placed itself in this position by excluding residents and business owners from budget discussions over the years. The council relied heavily on former City Manager Ed Beasley to guide Glendale, failing to fully understand the fiscal implications of his actions.

If the tax repeal is successful, the city will be short about $22 million for next year. If the arena deal is voided, Glendale will not be obligated to pay $17 million to Jamison in 2013 but still will have expenses to keep the city-owned arena operating while negotiating with a management firm. The city also faces a loss in tax revenue at Westgate City Center if the Coyotes leave.

These are rough times in Glendale.

06-29-2012, 11:19 AM	#1397
troutman Unfrozen Caveman Lawyer Join Date: Oct 2002 Location: Crowsnest Pass Exp:	Our View: Taxpayers have say in Glendale's future http://www.azcentral.com/members/Blo...torials/165019 Over the past 10 days, upset taxpayers said they will be seeking referendums on two recent council decisions — an arena agreement with a potential Coyotes’ buyer and increased sales taxes in the city. These referendums could further exacerbate the city’s precarious financial situation. Glendale placed itself in this position by excluding residents and business owners from budget discussions over the years. The council relied heavily on former City Manager Ed Beasley to guide Glendale, failing to fully understand the fiscal implications of his actions. If the tax repeal is successful, the city will be short about $22 million for next year. If the arena deal is voided, Glendale will not be obligated to pay $17 million to Jamison in 2013 but still will have expenses to keep the city-owned arena operating while negotiating with a management firm. The city also faces a loss in tax revenue at Westgate City Center if the Coyotes leave. These are rough times in Glendale.