Here at The Political Chicken, more often than not, I'm focused on fiscal
issues, and of course, government overreach. So, I'd like to bring
your attention to something that actually falls under both of those
categories; a little thing called, Tax Increment Reinvestment Zone or
TIRZ for short. As defined by Wikipedia, a TIRZ is a political
subdivision of a municipality or county in the state of Texas created to implement tax increment financing.
They may be initiated by the city or county or by petition of owners
whose total holdings in the zone consist of a majority of the appraised
property value.
So why should you care? Because the people that
work on TIRZ are unelected and aren't held accountable by the tax
payers! And as we speak, there's an effort underway to put Bus Lanes on Post Oak. The Uptown TIRZ has allocated $204 million for the
project, oh, and did I mention they've blown through $43 million just to
PLAN the project??? Yeah, nothing to see here.
The idea is to
add managed METRO bus lanes to the CENTER lanes up and down Post Oak,
which would actually cause a bigger traffic flow problem. Considering that METRO
rider numbers have not risen in quite sometime, that makes one wonder
why the Uptown TIRZ would find this project necessary in the first place
They've
also decided they need to add bigger sidewalks and more foliage. They
won't stay under the projected budget. I can almost guarantee it.
There is a
group of folks that have gathered and formed The Uptown Houston PAC in
an effort to oppose the construction in the Uptown/Galleria area.
They've got a website called SaveUptown.com. Go there and look for
yourself to see if you'd like to sign their petition to oppose the
project.
The last thing we need in the City of Houston
is more unelected bureaucrats who are unaccountable to the taxpayers
spending more of our money on wasteful projects. I mean, what could possibly go wrong??
You treat the TIRZ as a bug. Many see it as a feature of politics in the post-educated voter world we live in. It's fleece the taxpayer for the little organizations.
ReplyDeleteThanks for educating us, by the way.
DeleteMore TIRZ info.http://m.chron.com/opinion/editorials/article/Not-so-super-TIRZ-5645382.php
ReplyDeleteMore TIRZ info.http://m.chron.com/opinion/editorials/article/Not-so-super-TIRZ-5645382.php
ReplyDeleteNice expose' of an issue about which too few people know. These tax breaks for the rich are ludicrous. Thanks for getting the word out. And thanks for making it easy to understand.
ReplyDelete