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Reader Clarifies Why They Think City is in Financial Trouble.
Posted on Tuesday, November 01 @ 18:41:40 EST by jfbailey
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MR. & MRS. & MS. WHITE PLAINS VOICE. November 1, 2005: A reader tries to make it clear why the city is sailing rough financial waters:
Today a reader asked what's behind claims of poor financial management by Mayor Delfino and what's the "substance" behind these issues. Let me clear things up so that this undecided voter can go to the polls informed.
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I believe you'll find my points are confirmed by the positions of Republican council candidate John Carlson, and Democratic mayoral candidate Dennis Power, both of whom have extensive financial management backgrounds. Mr. Carlson is a career-long corporate banker I believe, and I understand Mr. Power to have had a lengthy career leading on Wall Street as well.
To your reader(s): Yes, we have a lovely new downtown, with movies and stores. But let's look at what's behind these physical --and financial-- facades.
At a time when Real Estate is booming everywhere, developers of course made their way to White Plains. (This would have happened no matter who was mayor, in my opinion.) But Mayor Delfino made a grave mistake. He "gave our downtown away."
He gave both the property and huge concessions to developers (Capelli in particular) where they make the profit and get the tax breaks.
Who is paying for them? You, the resident. Your property taxes have gone up 17% in the last few years. Developers get richer, you get poorer. This won't stop anytime soon.
For instance, parking meter fines were increased and ticketing stepped up by Mayor Delfino because the city needs the cash. Not to cut YOUR taxes (which should be happening), but to pay the DEVELOPER'S debt. Hence the valid positions of Del Vecchio, Schulman, Carlson and Power that we need to negotiate contracts that benefit you who live here.
When a developer owns the downtown garage, which the Mayor gave to them as a "welcome gift," we very well could be paying NYC prices to park 2-3 years from now. $500/month? $25 for a few hours? Why not, if you're a developer.
This situation isn't to be taken lightly. Your car is and will be paying for someone else's mortgage, while your taxes will keep going up. Unless proper financial management is installed in the leadership of this city, developers will continue to get rich off your hard-earned money for years to come.
Then Mayor Delfino let Wal-Mart come to White Plains as well-- a monster retailer that totally decimates local, family-owned businesses around the country. What will downtown look like when Wal-Mart kicks everyone out and Main & Mamaroneck are desolate again?
To see City Center and downtown just on the facade is a grave mistake for planning your White Plains of 10 years from now. "New" cities falter all the time from poor and rushed financial missteps at their infancy.
The issue come next Tuesday is simple: Construction vs. smart development that has a taxpayer benefit. Expert financial planning.
If two former mayors from both parties, one mayoral hopeful, and a Republican candidate --all experts-- agree on this, I think it warrants more attention to the future of our city than just looking at a new fountain and theater and saying "all is well."
Joseph Manzini Sr.
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Average Score: 3.94 Votes: 34

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