Cabarrus Cheap Seats

Here’s your chance to speak out on the TIF amount:
Note: For RSS feed and e-mail readers - you’ll have to go to the site to vote.

What do you think of the $168.4 Million amount for the NCRC TIF bond? Note: You can add your own answer by clicking “Add An Answer”

It’s a Good Deal. $400+ [...]

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“Finance is the art of passing money from hand to hand until it finally disappears.” - Robert W. Sarnoff 
Update Note [April 23, 2007]: I figure since The Cabarrus Youth Tax: How Your Kids Might Pay For Their Own Schools became the most read article on this blog over the past couple of weeks, I would re-run [...]

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It was great seeing all of the people supportive of the North Carolina Research Campus (NCRC) Tax Increment Financing (TIF) bond at the Cabarrus BOC meeting last night.  Dr. Dari Caldwell and Roy Davis did an amazing job speaking.  I spoke also, but I got a little scrambled in the middle…kinda felt like I was doing [...]

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Just a reminder, tonight will be another opportunity for you to speak out about the NCRC TIF bonds.  The meeting starts at 6:30 PM at Ye Olde Pink Palace (AKA Cabarrus County Govermental Center - click here for directions). 
Meet other NCRC supporters, and speak up!
If you want some material for your 3 minutes and don’t regularly [...]

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[Go to NCRC Data Article to Get Projections on the TIF] 
There are days where I feel that local elections are little more than glorified popularity contests and counties would be better managed by having Raliegh hire us a nice manager.  Admittedly, I felt a little more that way before the election of 2004.  However, every now and then [...]

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This article is an index to nine other articles meant to to address honest concerns about the project and the City of Kannapolis and Cabarrus County’s involvement in funding some of the infrastructure through Tax Increment Financing (TIF) bonds.
I’m making this easy for you.  I’ve posted responses to the following statements opposing the North Carolina Research [...]

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Statement of Doubt: This project is too expensive.  I don’t care what you say - my taxes will go up
Response: I’ve got news for you - with or without the NCRC: Cabarrus County taxes are probably going up; because of massive school funding needs over the next 5 to 10 years.  These needs are urgent [...]

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Statement of Doubt:The County needs schools.  This project will take money from the schools.  Education should be our top priority.
Response: The school capacity problems have to do with poor development practices in the earlier half of this decade when the County was under leadership that was hostile to public schools.  The deferred tax is known [...]

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Statement of Doubt: The County is not supposed to be involved in building roads. That is a function of the State.
Response: Even though we usually wait patiently for the North Carolina Department of Transportation: the County can build roads.  Ironically, the first example of that was a road built at the turn of the 20th century from [...]

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UPDATE (11/07/07): David Murdock is actually a rather nice guy.
Statement of Doubt: David Murdock is a jerk. His only interest is to see what he can get from us and run. We shouldn’t give him a dime.
Response: David Murdock could quite possibly be an irascible autocrat with whom you would not want to [...]

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