Wednesday, May 8, 2019

California does not do infrastructure

At a time when Oakland is trying to cure its pothole epidemic, the city is planning to use $2.9 million in state gas tax money to keep its streetlights on, then use what it saves of its own money to stave off cuts in parks and recreation.
It’s a bit of a financial loop-de-loop, but money is money.
Here’s the story, straight from the source.

“Though cranes are rising across the skyline and Oakland’s revenues are growing at a steady rate due to the strong real estate market, the city’s expenses continue to rise faster than revenues,” Mayor Libby Schaaf said in her recent budget statement. “Particularly the cost of medical benefits and pensions — as well as insurance, utilities and fuel costs — are growing at two to three times the rate of inflation and revenue growth.
We are way past that, deep into hispanic failed state.  The main street near my block is becoming a gravel road, and it did not get gas tax money.  We do no more get infrastructure than does Mexico or Honduras.

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