For decades city councils and mayors have failed to maintain roads, sidewalks, allies and drains keeping taxes low. Not maintaining infrastructure is negligence; it costs more to tear out and rebuild than a good maintenance plan. Diverting taxpayers' money for yearly maintenance they have siphoned off over $139.4 million over the past 25 years for economic development. Now city council and mayor are requesting to increase the local income tax (LIT) by about $6 a month, $49 a year per family. Have you heard the saying “death by a thousand cuts?”
This diverted/spent $139.4 million is about $539 per person ($2,156 per family). Creating a problem over decades does not make them the savior or the people with a solution.
The .15% increase in the LIT will only fund the first phase of river front development. Phase II and III will require another $100 million. This is equal to $400 more per resident or $1,600 per family. If seniors on SS are exempt from the LIT, the cost can be much higher per family.
The LIT may be a small $6 per month per family, but it's on top of $3,756 your household already spent and they want more. If the city had come to you for a $3,756 contribution for economic development, would you give it? Do you have other needs with a higher priority than economic development?
This goal is to attract growth - talented people, more specifically millennials. These are my kid's ages. I was once young. I never worked more than five years with any one company in a row. I liked every place I worked, it was hard to leave, but after improving things, I needed more of a challenge and left each one.
What is the definition of talented people? I have worked in a lot of places and talented people look more at the task than the location. They want a challenge. So what is to challenge these talented people in Fort Wayne? What happens when millennials get married and have kids or move to greener pastures?
What comes first talented Millennials or jobs/entrepreneurs/companies? We know at least Fort Wayne Taxpayers come last and they pay the bill.