Control board fails to win support for borrowing

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I find myself agreeing with Lynn Marinelli on this one. Will we ever learn? Doubt it. Like it or not the control board is here and the more they fight them the further we will go into the hole.

I can see big conflicts and confrontations with Collins too. The arrogance of this class will follow right on through the next 2 years, I can see it now. 25 grand a year is not small change, see how little they care about your money?

The Buffalo News: City & Region: Control board fails to win support for borrowing
Meeting doesn’t sway county legislators

Erie County legislators got their sit-down with the state-appointed control board Monday and a chance to examine its claim that it can save money by taking over as the government’s borrowing agent.

Lawmakers weren’t swayed. They said the saving — about $25,000 a year for 20 years for a county that spends $1.4 billion annually — isn’t worth the cost of prolonging a control board for decades. The arrogance is disgusting….

Thursday, the full Legislature is expected to vote on the Erie County Fiscal Stability Authority’s offer to borrow $52 million for road and bridge repairs and other work.

The offer now appears headed for rejection, continuing the stalemate over who borrows for necessary upgrades at the Buffalo Zoo, Erie County Medical Center, Erie Community College and Ralph Wilson Stadium, along with assorted

bridges, roads and culverts.

To pay the bills for its new rain-forest exhibit, the zoo had to secure its own line of credit. Come January, the interest will hit $28,000 a month, an expense zoo officials never anticipated because they thought the county would make good on its $4 million commitment.

“There is not a compromise right now,” Legislator Robert B. Reynolds, D-Hamburg, chairman of the Finance and Management Committee, said as he drew Monday’s meeting to a close. Reynolds has said he does not want the control board to supplant Comptroller Mark C. Poloncarz as the government’s borrower, as have Majority Leader Maria R. Whyte, DBuffalo, and most members of the Democratic caucus.

Chairwoman Lynn M. Marinelli, D-Town of Tonawanda, says she wants lawmakers to acknowledge the control board’s power and to avoid gridlock. She now is in the minority. more–>

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  1. Mike says:

    You rail against political insiders and party political hacks in the Democratic party but, have you ever looked at the make-up of the “Control Board.” They are mostly former Gorski appointees AND the executive director was the budget director for Giambra DURING the budget crisis of 2005.

    You say their arrogance is disgusting, I say your ignorance is disgusting.

    Why does this particular group of political hacks deserve such reverence?!?!

    and now you are agreeing with Lynn Marinelli

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