Opinion: Where did all the money go?
What started me on this subject was the recent discussions on the Boulder City Council about asking the citizens for more money. It would be one thing if there were a serious analysis of the long-term spending habits to date, but I have not seen anything remotely like this. And without that, it’s impossible to know if this money is truly needed to maintain our quality of life and preserve our environment, or if this is just what is perceived to be the simplest way to do whatever the council majority dreams up next. Some time ago I did some analysis of the city’s expenditures over recent history; I updated my work in the last week. I attempted to compare the overall budgets from 20 years ago and 10 years ago with the current budget numbers. I adjusted the raw data to account for inflation (using the CPI) and for the city’s population, and also for the extra revenues from the separation of the library district. What I found surprised me. From 20 years ago to 10 years ago, the per-person ...