Mr. Townsend stated that "the facts speak for themselves" and so they do.
St. Charles city property tax is 28% higher than Geneva's and 23% higher than Batavia's.
St. Charles city per capita debt is 40% higher than Geneva's and 101% higher than Batavia's.
The FY 2012/2013 Budget shows deficits for years to come.
The city spent $31 million on the failed First Street Redevelopment Project. The city gave free land and relocation money to businesses and the developer. The citizens got nothing to speak of.
$16 million of Costco city sales taxes over a 16 year period are going to pay for bonds whose proceeds were used to subsidize the sale of property to Costgo.
The city is rebating sales tax funds back to 5 existing St. Charles companies. Too bad this plan wasn't used to provide incentives for new companies to come to St. Charles.
The city is buying the building next to the Arcada building for $225,000. The building is in need of extensive repairs including stabilization work in the basement. The city is not sure of how the building will be used.
The city paid $130,000 for 1 acre of flood plain land. The land was appraised at $45,000.
The mayor, the city administrator and the city council (whose members usually votes in unison) should all be held responsible for the city's fiscal condition and activities.