Go make some news so we can read about it then!
Time's a wastin'
Did the VEDC have anything to do with this development?
What is the VEDC budget and who pays?
How much and what are the salary's per position?
What is the VEDC budget per new business FTE?
I think you are on to something here!
Thanks for your foresight
Holly, your first paragraph is right on the money, and I agree whole-heartedly with all of your statements. However, your statement about Victoria College being a private college is, I believe, inaccurate. It is a "state" college. Also, it falls in the Victoria County Junior College District, which probably originally spells out how it will be partially funded from local tax dollars. If it were a private college, believe me, as a former employee and a current student, the majority of students in our area would not be able to attend because of the cost. If, for some reason or in some way, the property tax monies were to be removed from the equation, VC would no longer be able to operate; thus removing a large number of jobs from the marketplace and removing the only opportunity some people have to continue their education beyond high school, or to receive continuing education. Additionally, Victoria and the surrounding areas depend on VC (and UHV to a lesser degree) to meet their needs for nurses, EMTs, Paramedics, firemen, police officers, etc. Without VC, those needs would go unmet. While there are several things I do not necessarily agree with my property taxes being used for, or I feel are being used inappropriately, funding VC, in my opinion, is a very worthwhile use of those funds.
State colleges and universities are funded by state funds and tax monies. I don't know the specific statute that addresses this, but I have pasted a link below to the VC web page that goes over tax money appropriations and board votes and such things, should you be interested.
At the very bottom of the page is a link to the most recent (2010-2011) Legislative Appropriations Report which is very informative.
this is great news. along with new twin pines project it adds almost 200 jobs. The only thing I don't agree on is the average pays estimates. 30-50% of these new jobs will pay between 8 and 14 dollars an hour or 15,500-26,900 a year with another up to 30% making about 18 dollars per hour or 34,500 per year. Only the RN'S and administration will be at the upper end of pay scale. The C of C and the VEDC both tend to inflate these numbers when making comments in meetings or in articles like these. Both these companies were already here so I doubt that either group had much to do with them expanding. Both companies saw a need for more bed space here in victoria and are taking advantage of this fact. Victoria needs new jobs at all levels of skill including the entry level jobs that pay $ 8-12.00/HR as this segment of the population was hardest hit by the economic downturn we currently are in. Just find it funny that these two groups are sounding of like they had a major part in them expanding their operations. Mr. Fowler needs to be more proactive in marketing victoria to big business and industrial operations not already located here. New business and industry will be the key to our local economy. Only thing I worry about is the local Tax Rate will keep them from locating here. Our Appraisers are inflating property values above fair market value for some unknown reason or purpose. While nationally property values have dropped an average 29% over the last 2 years, ours have gone up by double digits.( mine went up 50% in last 5 years on a house that is 9 yrs old and was being taxed at full loan value then.) This needs to be addressed because property taxes are getting out of control in victoria county/city.
Another question is why are we paying taxes to victoria college? This Is a private college not run by victoria schools or government. The Navigation District is also a thing of the past. The canal should be self supporting by now. I know this is not much of the total tax bill but both these groups should be removed from public funding. They are for profit entities supported by local tax dollars with no justifiable need for public funds anymore. If they need to raise prices then so be it.