Why I am Running For Mayor:

What prompted my decision to run for Mayor? Initially, it was the result of witnessing fiscal mismanagement in our city's budgets. 

Specifically: 

1. The utilization of ARPA funds, a one-time allocation, which we used to create new employment positions within the city. Once the ARPA funds were depleted, it created an ongoing expense for taxpayers, encompassing not only salaries but also pensions and healthcare. Notably, our pension funds were already being minimally funded prior to the creation of these new positions, and healthcare costs are continually increasing, further straining our budgets. 

2. The use of free cash to compensate employees and offset budget deficits. It is essential to note that free cash should never be used for ongoing expenses, as it is intended to serve as a reserve for emergencies, infrastructure needs, or matching grant funding. Regrettably, we continue to misuse free cash, contrary to its intended purpose. 

3. Our bond rating has declined three times over the past several years. Bond ratings are a reflection of a city's fiscal responsibility, taking into account factors such as free cash reserves and new growth. Historically, our city held a triple AAA bond rating before 2010. A high bond rating enables cities to attract businesses and secure lower interest loans for large capital projects. A lower bond rating results in increased loan repayments, ultimately affecting taxpayers. 

When considering these concerns in conjunction with the cost of the new safety building and high school, it becomes evident that we must reevaluate our financial strategy. We had a tax increase last year to address shortages, and another tax increase is coming this year. In the absence of prudent spending and planning, tax increases become the sole means of balancing the budget. 

A city can employ three primary strategies to maintain a balanced budget: reducing expenses, increasing taxes, or generating additional revenue streams. While cutting expenses can be challenging, as witnessed this year, tax increases can have a detrimental impact on residents and businesses. Therefore, cultivating sustainable revenue streams is essential for creating a stable and thriving city. (I discuss this topic  further under sustainable cities.)

Returning to the subject of my decision to run for Mayor, I was initially motivated by concerns regarding the city's finances and their impact on our community. As I engaged with various groups, I became aware of additional issues affecting residents and business owners. The concerns of parents with special needs children have become a significant part of my platform. Similarly, small business owners, who feel underrepresented in our community. (These 2 topics will  be addressed separately.) 

My reasons for running for Mayor have not wavered; instead, they have expanded as I continue to listen to the concerns and needs of our community. I am grateful for the opportunities to engage with numerous individuals and hope to contribute to achieving the goals necessary for our city to become a strong, sustainable, and thriving community for all.