5. Does the city need to boost its revenue? If so, how should that be done?
Why do I think of Nobel Prize Economist Milton Friedman who stated that if you put the government in charge of the Sahara Desert, it would run short of sand in five years?
I’ve been participating in the city budget process for ten years. There are misguided fiscal priorities like the $1.2 Million consultant from NY and $20 Million to upgrade the Ala Moana Park that irritates local residents to no end.
There are also systematic failures in the budgeting system that limit the Council’s ability to control budget priorities and spending.
Huge amounts of funds were expended into consultants, planning and design renderings for the Blaisdell Center Master Plan but recently, Mayor Caldwell said he would hold off. So, are we going to repeat another expensive master plan again down the road?
One of the best lines I heard was Budget Chair Ann Kobayashi telling HART CEO Dan Grabrauskas that she took risks with her own money, not the taxpayers’.
Our residents work very hard for their money. Our job is not to plunder the city treasury but to protect it.