Monday, July 23, 2018

The City Council Is Spending Some Real Cash Lately

One thing that this City Council is trying to do is to get a handle on a lot of past financial debacles and actually solve them. For better or for worse.

Many of the sorry legacies of the Shenanigan Years are still very much with us, and are no longer being kicked down the road. Mostly because the city can't do that any more. The prospect of an eventual insolvency is a real one. The result of all this is a whole lot of sticker shock. That plus you do need to wonder where it is all going to come from. Here is how one commenter summed it all up.


If you want to start attaching some real numbers to all of this, try $9 million for the Library, $5 million for a CalPERS prepayment, and $6.5 million to repair leaky pipes. All up for grabs this month. That is $20 million plus a few dollars just to start. Feel free to add in the rest yourself if you like.

And look, even the warrants are way over a million dollars for tomorrow night. Since after all this heavy lifting the City Council is taking off August to rest, they need to anticipate paying those bills as well.


So how are they going to pay for all of this? Unfortunately it looks like the City Council is getting ready to green light every development project that comes before them. Including the rest of One Carter and the Monastery.

After all, paying off the financial legacies of the 2002/2004 City Councils is going to take just about everything this city has left. As was alluded to in this comment:


Just about everything would be my guess. It is their legacy.

sierramadretattler.blogspot.com

54 comments:

  1. Even with the green light special giving developers the go ahead, that would only be a drop in the bucket for what is owed.
    Sierra Madre only keeps a small portion of the development fees.
    No my friends, sadly "we" are on the hook.

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    1. Is that so? Even building up the hillsides won't do the trick?

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    2. I do not believe 7:06 is correct.

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  2. Warning there is a crazy person living in the 'White House' and he tweets like a insane fool also. https://www.politico.com/magazine/story/2018/07/20/confession-of-a-no-longer-russiagate-skeptic-219022

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  3. The TAX’EM CITY COUNCIL. . U NO, if you want to live in Sierra Madre you have to pay for it, tthey love to tell you that! There is also a lot to pay in back debt from the Black Bart backed gang of dirty shenanigans. Attorney Doyle is still involved in our citiy business.

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    1. You know how the Federal Govt has something called "deep state?" Sierra Madre has "deep city." Doyle is a part of that. So is Stockley. Why those two gentlemen with proven track records for financially disastrous failure are given such access is a mystery to me.

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    2. Me too, 8:19. Doyle at least keeps a low profile. Stockly struts around like he's good for Sierra Madre or something.

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    3. He is going to save the Library by bulldozing it.

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    4. Fits in with his other fabulous fixes.

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    5. Remember when Stockley wanted to build a new library? 8:19, do you really want to call him and Doyle "gentlemen"?

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  4. Just read that 7:09. With every bit of craziness, the trumpies still follow this traitorous maniac. Listening to Wait Wait Don't Tell Me on NPR this weekend, they were talking about Trump's "I don't believe it," no, I mean "I don't not believe it," after reading the memo about what happened in the meeting with Putin and Russian meddling in our election - Peter Segal said that it is so much easier to believe that Trump is a traitor than believe he actually read a four page document. Sadly, that is true! Yesterday's LA Times has on its Op-Ed page "Trump is clearly unfit to remain in office," by Christine Todd Whitman, a life-long Republican who has served Republican presidents. When are the Republicans in Congress going to remember their oath of office?

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  5. Will the City Council be telling us how we got into such financial trouble, and who is responsible?

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    1. They haven't before. Don't see why they would now.
      Mismanagement and incompetence in prior councils is unfortunately not something that anyone can be held accountable for. Neither is making stupid decisions based on greed.

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  6. No more Trump comments people. We have things to worry about in SM too, you know.

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    1. I think I'll block them for this post. There are plenty of Trump posts where comments can be left.

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    2. Thanks. Sierra Madre posts do not national comments. Hope this policy carries forward.

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  7. What could possibly go wrong? Start the list.

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  8. I love the irony of an anonymous commenter demanding to know which dead, dying to 70 plus year old set of past council members are "responsible". What a doofus.

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    1. So Sierra Madre's taxpayers should kiss $20 some odd million dollars goodbye and not be told why this is? Are you from North Korea or something?

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    2. A doofus with a taste for truth.

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    3. Not going to repeat your d....s name calling but I would describe the person asking for exposure on the past CC creating this mess to be one who watched it happened, spoke out against it as it was happening, AND was ignored by the culprets. This is why the exposure is important.

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    4. Who is the “they” that are suppposed to conduct this inquisition.

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    5. Where is the word "they" being used in this thread?

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  9. 7:09 & 7:49am are the reasons why we have ended up in financial trouble.
    The stick in my head in the sand and ignore facts has not been constructive.

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    1. Sure. Let's move on, shall we?

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  10. Stupid decisions from past councils, but don't stop there. This council is making similar bone headed decisions.
    Why would any fiscally responcible council person vote for increases in employees wages at this time?
    Why would any responcible council person vote on spending money for any item that is not focused on getting the town out of this money pit?
    Why is the library on the agenda, it has been twenty years, a few more won't make a difference.
    The list of "how did we get here? That is a very long list.

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    1. Ya got me, 8:46. Their decisions have been very confusing - except from the point of view of making city employees happy. I think that's what the council & the new manager have been focusing on. Their shareholders (us) are not a priority.

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    2. Gabe's situation is this. He has a five year contract, after which he can become a free agent. He is making a rather modest $160,000 here. Which is about half of what some cities pay for similar work. Should he solve Sierra Madre's many financial problems, or at least get therm under control, he will be in fine shape to move on to a much fatter city and make a lot more money. Gabe was given financial goals, and he seems to be on the way of reaching them. The costs to the taxpayers are high, but that is not his fault. He is making the best deals possible under the circumstances. After achieving that he will be worth a lot on the open market. This is all business.

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  11. With all this need and spending if money; THE RESIDENTS NEED TO HAVE A FORENSIC AUDIT FROM SIERRA MADRE CITY HALL, no matter the costs, BS arguments the council may give.

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    1. A forensic audit would establish the link between Sierra Madre's most recent water bonds and those with private investments in the DSP. Some of whom were on the city council at that time. This city continues to suffer from the corruption of a decade and a half ago..

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    2. A forensic audit would establish nothing

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    3. Maybe the FBI would be better.

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  12. Flashing lights in crosswalks? You've got to be kidding. Pedestrians have the right of way, but only a fool wants to be DEAD RIGHT. Two painted lines or a flashing light aren't going to protect you against a car, truck, or motorcycle. You need to be aware of your surroundings. Perhaps another sting operation for crosswalks is in order. VOTE NO ON ANY PARCEL TAX.

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  13. Why is management afraid to give us the truth?
    Why wont the council demand an audit?
    Who is still hiding secrets on where all the large amounts of tax payers dollars have gone?

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  14. Does the Police Officers and Fire Fighters Unions hold leverage over this council?
    Council has asked for a 5 million dollar deposit for a Calpers IOU, that does not even address the amounts owed.

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  15. The new manager is a diamond in the rough, no question on his job performance.
    The City Council are the Clowns under the Big Top.
    The only good decision was to hire Gabe Engeland.

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  16. City Council did not want to upset the police. What ever reason is there?

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  17. During which years was the budget balanced?
    How is the General Fund looking?

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  18. If the Library Board is paying Bart Doyle to be involved in any capacity, then something is very rotten to the core, what are Board members hiding from the public?

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  19. The truth will never come out, just look at whats going on with the library. The Library Board President at just last monthe’s meeting said that, Bart Doyle has offered to help raise money. There you go.

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  20. Are the Chinese Metro investers in bad land deals backing Bad Bart?

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  21. Why did Elaine Aguilera hire the Director of Planning from the LA Metro Transportation section of government?
    Did he and Bart Doyle work together in El Monte pushing for that shady development fiasco?

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    1. Wow, maybe. All I know about the current Director of Development is that he is a died-in-the-wool bureaucrat who only cares about which text he's supposed to recite.

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  22. Do any of the Council go into City Hall and check past records or study ahead on their agenda packets they receive?
    Why would the council vote to spend any matched funds for any project, knowing the towns finicial crisis?

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    1. Why the city continues to defend the people responsible is beyond me. This cover up is a decade and a half old.

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  23. The City really needs to stop spending so much money on useless projects. The only things they should be focused on is Water pipe fixes and road and infrastructure fixing. We dont need smart meters and smart signs.. We need good paved roads. Lights. And good water systems and strong pipes due to possible earthquakes. Hopefully the City Council will wake up and try to save money and reduce costs because this is going to hurt Taxpayers in the long run.

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    1. Agreed. And that's all we need. Any staff not directly involved in those basics ought to be let go.

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  24. Any responses on how many building permits have been requested lately?

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    1. Send an email to Vince and.cc the city mngr.

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    2. I have sent Vince 2 e-mails with no reply. The original one I sent to Gabe who forwarded it on to Gonzalez. I wrote Delmar twice. He has not provided a list for her. I would be insulted in an employee didn’t do what I requested. The last list has nothing really new on it. I sent Gonzalez a list of properties that were either teardowns or building. None of them were on his most recent list nor has he answered me. Guess they’re all too busy spending money.

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    3. 3:27, many thanks for trying on that. I don't understand why it's such a problem for that department to keep an updated list about what they are doing.

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  25. Thanks, think i will check on the limited office hours and make a trip into City Hall, maybe someone will be able to answer a few simple questions in person and not just get back to me in a week.

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    1. Bring a cheeseburger. They respond to that.

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    2. Good luck with that, 1:27. Staff usually responds in month. Or two.

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