Wednesday, May 4, 2005

Voters Sign Blank Check for Jail

I am not sure if the 62,000 voters (of 250,000 registered) knew it, but the "Justice Center" question included a tax increase. "... and shall property taxes be increased by an estimated $17,328,000 for the first full fiscal year (2008) and annually in amounts sufficient to pay such debt?" This, dear reader, is a blank check, since we do not know what the amount will be. I think the hedge jumpers feel that Mayor Hickenlooper scored a victory with the approval by voters. Wait until the cost overruns, delays, strikes, non-budgeted items, etc. begin to pile up and the cost soars. How much will "such debt" be? Any ideas for the name of the Justice Center? How about The Hickenlocker?


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