Saturday, May 04, 2019

I hope they at least buy Valerio something nice

Parks and Rec sign

You may have seen a few of these signs adorning the lawns of the nicer Uptown homes this month

Here is a shocker for you.  It turns out that all of the differently branded editorial voices belonging to the Georges Media Empire Holding Company are in agreement about how everyone should vote in an election. All of the Georgeses want you to approve the Audubon millage on Saturday's ballot. The Georges-Advocate says Audubon has "done a smart thing" in lumping City Park and a pair of city agencies in with their new tax proposal. The Georges-Advocate-Gambit says some nonsense about how it overcomes "a piecemeal approach" to parks management. The Times-Georges-DotCom says it's "a smart way to maximize tax dollars."

The Mayor and her friends have also dumped several hundred thousand dollars into an all out advertising blitz in favor of the new tax. According to campaign finance filings,  the pro-tax  PAC "Together For Parks Alliance" had spent over $180,000 through March. The report for April isn't out yet. The PAC had about $35,000 on hand to start the month.  Judging from the explosion of mailers and ads on local TV and social media, I'd guess they will have spent something close to $250,000 by the time it's all over.   That's a lot to dump into a single ballot measure. They could have bought one "nurse, teacher, or first responder" a whole condo for that.

We've already talked about this in terms of the hypocrisy of the elites in the Audubon adjacent fundraising clubs who think they run the city. But, okay, what is it they're actually asking voters to do? The Georgeses opinionators all say we're being asked to "renew" existing millages.  But this isn't really what's happening.  The proposed millage is, in fact, a whole new tax that replaces three current millages set to expire two years from now. The Georgeses also tell us that Audubon is graciously redistributing its current revenues in order to "share" something with less well funded entities. That isn't quite right either.

Here is the Assessor's sheet of current dedicated millages in Orleans Parish.




Audubon has two millages set to expire in 2021. One of them (labeled "Audubon Park Zoo" here) is .32 mils and meant to supplement operations and capital improvements at the privately owned and operated facility.  The other one, labeled "Aquarium" for 2.99 mils was specifically dedicated to finance the construction of the Aquarium sometime way back in the 1900s. The bonds serviced by those funds are set to be paid off when the millage expires. In other words that tax has paid for what it was meant to pay for. It's just money that has been going directly to the bank for thirty years. Nobody will actually miss it when it's gone.

Audubon's spokesperson admits as much in this article. 
Although Audubon would lose more than $4 million a year in tax money, Dietz said it will be able to absorb most of that blow when it finishes paying off the bonds that financed building of the aquarium in 2021.

"Most" of the $4 million loss in expiring tax revenue could be "absorbed" when the debt is retired. Makes sense since that's what it was for. This is further corroborated today by a person on Twitter who informs us that Audubon has been spending approximately $3.8 million a year on debt service. If they were to come back in a couple of years and ask to renew their expiring .32 mils, that looks like it would cover the difference just fine. We could argue further about whether they're entitled to that, even. But it doesn't matter because what they're asking for is a brand new tax altogether.


The new tax is 6.31 mils. This figure is derived by combining the .32 Audubon base millage with what had been the 2.99 mils dedicated to bond financing. In order to sell the public on the deal, another 3.00 mils is added to match the amount currently shared by NORD and Parks and Parkways.  The three entities then divide up the total in a way that allows each to take a little bit of what had been the Aquarium debt fund. City Park is also cut in a share.

Critically, though, for Audubon this means a dramatic increase from .32 mils for discretionary stuff  UP to 1.95. The Parks and NORD millages expire in 2021. They could be renewed, or even increased, at that point. There is no need to tie the future of those mils to Audubon other than to provide Audubon with an excuse to bump up their own funds. The claim that Audubon is actually giving something up in order to "share" with the other parties is just a shell game.  The Georges papers certainly know this.  It's a shame they have three "brands" available with which to broadcast their lies about it. 

There's also something perverse in the idea that Mayor Cantrell, who is supposed to be leading a fight for a "fair share" of tax revenues currently enjoyed by the tourism industry would promote this plan to hold our public parks and recreation departments hostage to the greedy interests of Ron Forman's commercial tourist attractions.  But that's the standard procedure around here.  There's no such thing as a public good if it doesn't first trickle down through the usual network of oligarchs.

Just as we're finishing up this post it looks like the new plan has passed by an overwhelming margin.



And that's what having a quarter million dollars to throw around on a single ballot question will buy you.  As long as we keep funneling public money right back up into the hands of the well-to-do, there's sure to be more where that came from. 

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