Monday, July 29, 2019

Time to End Taxpayer Funder Lobbying

More than $77 million of taxpayer money was potentially spent on lobbyists to influence Texas politicians in the 2017 Legislative Session. Transparency Texas

It will be more when the 2019 $ numbers become available!

*These numbers, which are based on reports filed with the Texas Ethics Commission, reflect lobbying activity from the 2017 Legislative Session. The numbers are approximate because lobbyists are only required to report their earnings in numerical ranges.

Lobbyists hired with the taxpayers’ money work against common sense legislative agendas like reforming the property tax system and reforming annexation laws.

In addition to direct contract lobbying, another form of tax-funded lobbying is done through public agency associations like the Texas Municipal League, Texas Association of Counties, and many sub-affiliates. Unaccountable to voters, these groups shield the elected officials in their membership from the consequences of bad policy. 

It is time to end this anti-liberty practice!

Sunday, July 28, 2019

How Safe is Georgetown's Public Pension?

Georgetown and its employees participate in the Texas Municipal Retirement System(TMRS) and therefore have little input into the management and investment policies since they are one of many participants.

TMRS actually suffered a negative return of 3.4% on investments in 2018 as shown in the following chart from their 2018 Comprehensive Annual Financial Report, which can be found on their website.

Click to enlarge

TMRS is better off than the aggregate of all the public pension funds in Texas as shown below. This chart shows the percentage of funding to meet all the liabilities. Wall Street Journal

Click to enlarge

The adjusted values are a result of more realistic assumptions about investment returns.

TMRS assumes an investment return of 6.75% and that is compared with actuarial returns for the last 10 years.

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The bottom line is that TMRS needs to further reduce their assumed rate of return to a more realistic rate such as the 6.3% earned over the last 10 years.

Such a reduction would significantly lower the funded ratio below the reported 87.1%.

The only thing that Georgetown can do is to lobby TMRS, along with other participants, to lower their assumed investment rate of return so that a realistic estimate of under-funding can be established. Only then can steps be taken to achieve 100% funding for all TMRS participants.

Oil and Gas are Leaving Solar and Wind in the Shade.

Residents of Georgetown can personally attest to the increase in available natural gas as the price of gas generated electricity is significantly below the price of wind and solar generated electricity that customers are contractually required to pay.

Georgetown needs to get out of these 20 and 25 year contracts for wind and solar that cost significantly more than natural gas generated electricity. 
Despite years of federal subsidies, wind and solar are being trounced by the staggering surge in domestic oil and natural-gas production. Wall Street Journal
That means that over the past half-decade alone U.S. oil and gas production has increased by roughly 13 times the total output of all domestic solar projects and more than four times the total output of every wind turbine in the country.

Thursday, July 25, 2019

Ford Elementary School Expansion

An addition to Ford Elementary School will add the capacity for 150 more students. The Georgetown ISD board of trustees approved a guaranteed maximum price for the project of $3.18 million July 22. Community Impact

The addition includes eight additional classrooms, restrooms and storage for teachers. With the increase in capacity, the student population will be 811.

It looks like the City Council can be thanked for increasing school taxes since they approved all the low income housing along Williams Drive. Ford Elementary is just off of Williams Drive west of HEB.

As the City focuses on affordable housing, keep in mind that as more families move to Georgetown, more school capacity will be necessary. This in turn will require more funding, which currently comes primarily from property taxes.

County Commissioners Reduce Size of Potential Bond Offering for Roads and Parks

Williamson County commissioners have reduced the size of a proposed bond package to $412 million for roads and $35 million for parks. A bond proposal could be put to voters as soon as November.
Val Covey is the commissioner that represents Precinct 3, which includes Georgetown.
The top proposed road project for Commissioner Valerie Covey is the construction of a frontage road and intersection improvements along the Southwest Bypass Extension from Texas 29 to Wolf Ranch Parkway for $4.8 million, according to a list she provided. Another one of her most important proposed projects is $22.5 million for two frontage roads on the Southeast Inner Loop Extension from Sam Houston Avenue and Texas 29.
Read the entire article at The Statesman.

Court Says Federal Oversight of Texas Redistricting Not Required

It is time that the Federal Courts recognize Texas soverignty.Statesman
A panel of federal judges on Wednesday said Texas lawmakers can draw political districts in 2021 without federal oversight for the first time in decades, possibly the final chapter in a protracted legal battle over voting rights and the state’s political maps.
But the panel ultimately sided with lawyers for the state and said requiring federal oversight during the next redistricting cycle “would be inappropriate,” given a Supreme Court ruling last year that found no evidence that Republican lawmakers drew the state’s current political districts with the intent to discriminate against minority voters.

Wednesday, July 24, 2019

Citizen Input on Bloomberg Solar Grant

One citizen testifies before the city council with respect to withdrawing from the Bloomberg Grant.

Jimmy Coffman pointed out that the council should really try and understand the cost to the city, including the time after the grant expires. He notes that the grant does required the city to financially support the grant during the grant period of 3 years, but, that the city will face ongoing costs of an unknown amount.

It should be noted that the staff admitted in prior public meetings that the solar systems installed under the grant were not of sufficient size to pay for themselves over the long term. The city would still be required to subsidize the system at an unknown $ amount.

Coffman also pointed out that he has solar panels and batteries installed at his home and they "almost" generate enough electricity monthly to power his home. In other words, he uses all the electricity generated at his home to operate his home. There would be none left over for use by the city to meet its demands.

Mr Coffman indicated that a system of panels and batteries for meeting the needs of all of Georgetown would not be "viable".

Council Votes to Assess Withdrawal from Bloomberg Solar Grant

Councilman Fought put the following item on the Council agenda for last night, July 24, 2019.


In May of 2019 the Council voted (4-2) in favor of a motion to accept the Bloomberg Grant. Only 6 Council members voted on the motion because Council Member Hesser (District 3) was absent and newly-elected Council Member Triggs (District 3) had not been seated. Given the overall situation in the Georgetown Electric Utility System, I believe it would best serve the Council, and the public, to place the issue on a future Council Agenda and allow ALL members, including the now-seated Member Triggs, to cast their vote on the Bloomberg Grant. I believe a Motion to Withdraw from the Bloomberg Grant would be appropriate. In order to allow that vote, it is necessary to have a Staff assessment of the feasibility, and the impact of withdrawing. The Motion to Withdraw from the Bloomberg Grant would also need to take place at a future meeting where all Council Members are present.
I am therefore asking that a Proposition to Withdraw from the Bloomberg Grant be placed on a future Council Agenda, accompanied by a Staff assessment of the feasibility and impact of a “withdraw” decision. I also ask that this item, and the subsequent Proposition, be placed on Council Agendas within the next 30 days.
The vote was 5 for and 1 against with Councilwoman Eby absent. Councilwoman Jonrowe was the single no vote.

The City manager said they were ready to provide the assessment at the next council meeting.

Watch the schedule!

Councilmen Gonzales and Pitts were ready to vote on withdrawal last night, but, the city attorney said the specific wording of the proposed motion above precluded that action. It will have to be voted on at a future council meeting.

Staff indicated $200,000 had been received, but, there have been no expenditures. The city has also advertised for a grant manager, but, have not moved forward with selection. Staff also indicated there would be no penalty for withdrawing from the grant.

Councilman Pitts observed that he had received numerous inputs from his constituents and others outside his district supporting his previous vote to NOT move forward with the grant. He also noted the only people that he personally knew that were for the grant were the 4 council persons who voted yes to proceed!

If you think the City should terminate their participation in this grant, contact your council person and urge them to withdraw from the grant.

Tuesday, July 23, 2019

Bloomberg Grant Insanity Continues

The city council is scheduled to vote tonight to consider with-drawing from the Bloomberg grant for more solar electric power for Georgetown.

The Wilco Sun has an editorial in the July 21, 2019 edition of the paper lays out the absurdity of the City entering into another money losing solar energy agreement!


Wilco Sun Editorial, July 21, 2019

"Why rub salt in the wound? Last October Georgetown won a contest called the “Mayor’s Challenge” put on by Bloomberg Philanthropies. The prize was a $1 million grant to test the idea of hooking up rooftop solar panels to banks of neighborhood batteries. In theory the electricity stored in the batteries would be released during high-demand times, replacing power bought from outside sources.  
However, by the time the grant came up for a city council vote in late April, the public had learned of the enormous cost overrun in our renewable energy contracts. We buy twice as much electricity as we use and sell the surplus at a big loss. The additional electricity from these solar panels would only add to our problems. An idea that seemed plausible in October had by April become little more than a publicity stunt.
First vote. When the grant came up for a vote at the April 9 council meeting, it ran into opposition from Councilmen Gonzalez and Pitts who focused on practical matters — cost, added staff time, etc.
The conversation looked like it was about to go off script, and Mayor Ross quickly arranged for a postponement. A council election — in which three council members who had signed the energy contracts were encountering energetic opposition — was less than a month away.
Second Vote. Six days after the election, the Bloomberg item suddenly reappeared on the agenda of the first meeting after the election. At that meeting, Councilman Hesser would be absent, and Councilman Triggs, who had just defeated Mr. Hesser, would not yet be sworn in.
At that meeting, Jack Daly, assistant to the city manager, explained the changes that ostensibly answered earlier objections, but in reality were minor touchups. The Bloomberg contract was unchanged in any material way. The same risks and liabilities remained for Georgetown, and the Bloomberg people still had control of information that came out of the experiment. The citizen’s right to know was — once again — made subordinate to the interest of others.
Gonzalez and Pitts argued their points. The mayor called for a vote, and the council voted 4-2 to accept the grant and its obligations.
Mr. Triggs now says that had he been sworn in at that time, he would have voted against the grant and its unknown future obligations. It is now clear that Mayor Ross most likely scheduled the vote as quickly as possible to avoid any more opposition.
So Georgetown is now committed to an open-ended project with no defined goal. If the project is deemed successful, Georgetown will be obligated to pick up the cost of running it after two years, including its $100,000-a-year manager, and who knows what else. Actually, no one knows.
You may ask, “This success, what’s the measure?”
You won’t know, because it’s not your call. The contract says “success” will be whatever the Bloomberg people say it is. It’s their call, not Georgetown’s. You may also wonder why — with the data on over 250 residential solar installations in Georgetown and on the array of solar panels on the Westside Service Center — you may wonder why run an experiment at all? Battery capacity is well understood, and a straightforward engineering analysis, using the years of data gathered by the city, could answer the question without this cumbersome fiddling.
Maybe someone has.
During his presentation at the second meeting in May, Mr. Daly made a brief statement, a statement so soft and casual as to seem like an afterthought. He said, “ ... if we did not expand or grow the program, the overhead to maintain the solar panels and batteries that only a million dollars would buy would never be sustainable on their own. They would always need a subsidy.”
We can only assume that the approving majority did not hear, or think important, what Mr. Daly had just said.
A third vote? Councilman Fought has now put the matter back on the agenda for the next council meeting, and we thank him for that. By now, arguments opposing the grant have had time to settle in, and perhaps the thing is clearer today than when that rushed vote was taken in May.
Maybe this time the bill-paying citizens of Georgetown will get more consideration than does an outside advocacy organization with an agenda.
Just maybe we’ll get a fair shake.
We Georgetown bill-payers are spending millions each year buying surplus wind and solar power that we must sell at a loss so others can go high-dollar green at dirt-cheap prices.
This forced subsidy of others cuts Georgetown deep. Why let the “Mayor’s Challenge” salt the wound?"