Archive for October, 2010

Shining the light on Budget Prioritization

In normal times, in normal cities, budget prioritization isn’t really a big deal.  Political factions will scream and yell for their interests to be accommodated.  In a complicated dance of political give and take eventually budgets get done.  

For the most part, even if budget items don’t yield their promised results no one really cares because the basics were covered.  The trash still got picked up, schools didn’t close, the police responded to calls and property taxes are still a fraction of the cost of home ownership. Read the rest of this entry »

TWW: Hate to say I told you so

Back during the Water Works debate when times were less turbid, I made one central argument for selling the suburban water works. (see Invest the Trenton Water Works proceeds in the future not the past ,   Valuation tips for voters on the Water Works deal  and  Hope for Trenton – Compromise on the Water Works deal)

My thesis was that the suburban pipes were not strategic for the operation of Trenton as a city and that it would, instead, divert management attention from out critical issues. Read the rest of this entry »