Cost Benefit Analysis

Tuesday, April 30, 2013

Credit to Mayor Andy Berke and the new City Council for sound fiscal leadership and deep-sixing the boat dock boondoggle.  It’s hard to believe the City had access to $8.8 million and more boat docks was priority # 1.  But for Riverbend and the Hooch, the existing docks are rarely, if ever, full.  It’s almost as if some details are missing.  Plus there are several other items which come to mind as a better use of funds:  crime fighting, retention bonuses to inner city teachers, road paving.  In closing, do the math on the payback for the City’s share of those boat slips at $200,000 each.  It would take 3,333 nights at the going nightly rental rate just to break even.  Examples such as this where new faces rethink how we do business are a cause for optimism indeed. 

Kurt J. Faires


Worse And Worser

We hear a lot about voter apathy, citizens of this, the greatest nation to ever grace the face of Planet Terra, these United States of America, who fail to take advantage of their right, nay, accept their responsibility to participate in government of this great nation. How many of us know citizens who don't vote? Worse yet, how many of us know citizens who aren't even registered ... (click for more)

Howley Has New Ideas And New Energy For Signal Mountain

Over the last several years, I have had the opportunity to serve with Chris Howley on the Signal Mountain Recreation Advisory Board.  During this time, I obtained an insight into the qualities that make Chris Howley an outstanding candidate to serve on the Signal Mountain Town Council.Chris has spent countless hours on the board overseeing the numerous recreation leagues and ... (click for more)

Chattanooga Area Under Hard Freeze Warning As Winter Comes Early

The Chattanooga area was under a freeze warning as winter rushed in early. The biting weather came as crew members were about to hit the water for the annual Head of the Hooch at Ross's Landing. Here is the warning: ...FREEZE WARNING IN EFFECT FROM 3 AM EST /2 AM CST/ TO 9 AM EST /8 AM CST/ SUNDAY ... THE NATIONAL WEATHER SERVICE IN MORRISTOWN HAS ISSUED ... (click for more)

Downtown Chattanooga Apartment Complex That Brought $3 Million Profit Exempt From Most Taxes Until 2022 Under PILOT

A downtown Chattanooga apartment complex that recently was sold at a $3 million profit is exempt from most property taxes through 2022 under a PILOT (payment in lieu of taxes) agreement.   No payment of school taxes was included in the deal for Walnut Commons at Walnut Street and Aquarium Way.   The only taxes due on the property for the next eight ... (click for more)

GPS, Notre Dame Play For State Soccer Titles Today

The GPS Bruiser and Notre Dame Lady Irish girls soccer teams will play for state soccer tittles Saturday in Murfreesboro. GPS won 3-0 on Friday in the Division IIAA state semifinals over Brentwood Academy.   Lindsay Rufolo, Emily Large and Catherine Harrison each had a goal.   GPS will play Briarcrest who beat Father Ryan 2-1.   The game is set to kick ... (click for more)

Hixson Clinches 6-AA Title With Shutout Over Brainerd

Just about any coach will tell you that winning ugly is always better than losing pretty. Such was the case at Hixson Community Stadium on a frigid Halloween night as the host Wildcats finished off their regular season with a 19-0 win over the Brainerd Panthers. Hixson improves to 8-2 overall and 6-0 in District 6-AA while Brainerd is now 3-7 overall and 3-3 in 6-AA. ... (click for more)