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General Discussion => The New Joe Montgomery Birther Pit => Topic started by: LickNeckey on January 06, 2016, 11:58:45 AM
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Hadn't seen this discussed.
Looks like we were able to borrow money at only 3% to finance these tax breaks!!!!
http://cjonline.com/news/2015-12-15/kdot-issues-record-400-million-bonds-exceeds-previous-debt-cap
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how else are we going to pay for roads?
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how else are we going to pay for roads?
sales tax, gas tax, tolls, federal aid,
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how else are we going to pay for roads?
sales tax, gas tax, tolls, federal aid,
You forgot property tax.
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It will be interesting to see if this money is also just later shuttled to the general fund.
My guess is it will.
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This reminds me how happy I am to live in Kansas where the roads aren't completely falling apart like in Missouri.
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for now!!!
T-Works plan called for doing an average of 1,200 mi. of preservation work each year but the state transportation department is doing 200 miles for the next two years.
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We should just stop maintaining so many rural roads. Less gravel added, less grading, less ditch repair. I mean, that would equate to a crap load of money in a state where such roads are so prevalent. Also, snow removal. Want to live on such a road, get a good 4-wheel drive.
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However due to the removal of so much rail these roads are now necessary for getting grains to market.
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Free market can easily figure that out.
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We should just stop maintaining so many rural roads. Less gravel added, less grading, less ditch repair. I mean, that would equate to a crap load of money in a state where such roads are so prevalent. Also, snow removal. Want to live on such a road, get a good 4-wheel drive.
I think you are probably overestimating the amount of money the state spends maintaining gravel roads.
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Maybe. I haven't(and don't plan to) look it up.
I did work and live on one for quite some time. We got new gravel applied twice a year and graded quarterly or so. Also, the county(I know it's not the state) would grade your driveway once a year for free if it was gravel and you scheduled it.
Also, Snow removal happened as much there as in town, even though there was something like 10 houses over a half mile or so.
I am being facetious, mostly.
However, it isn't going to get better unless something changes again. Another $36M rev shortfall for December...
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Kansas has the 4th most lane-miles in the United States, and the second most lane-miles per capita. That doesn't seem very efficient. I'd be good with cutting back and prioritizing maintenance.
Or what if we spend $200 less per student on education. That's about $100 million per year, right?
Let's go ahead and not increase taxes, because that's actually something that impacts me and most other Kansans.
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Well, if the state is spending a ton of money on county roads, then I agree, they can cut that. I don't think they spend very much at all, though, if anything. I think all snow removal and grading is paid for at the county level.
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per capita.
:blah:
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Well, if the state is spending a ton of money on county roads, then I agree, they can cut that. I don't think they spend very much at all, though, if anything. I think all snow removal and grading is paid for at the county level.
I thought so too
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Maybe. Still not looking it up.
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per capita.
:blah:
:lol:
But seriously, KS has a crap ton of roads. We've got roads on roads.
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If no one drops a Dr Emmett Brown meme in here I'll rough ridin' cut myself.
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We should just stop maintaining so many rural roads. Less gravel added, less grading, less ditch repair. I mean, that would equate to a crap load of money in a state where such roads are so prevalent. Also, snow removal. Want to live on such a road, get a good 4-wheel drive.
Are you kidding with that?
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We should just stop maintaining so many rural roads. Less gravel added, less grading, less ditch repair. I mean, that would equate to a crap load of money in a state where such roads are so prevalent. Also, snow removal. Want to live on such a road, get a good 4-wheel drive.
Are you kidding with that?
Partly, as I mentioned later.
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This isn't about how much money KDOT is spending. It's because the Bank of KDOT has been funding the General Fund.
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This isn't about how much money KDOT is spending. It's because the Bank of KDOT has been funding the General Fund.
qft
Need one of these:
(https://goemaw.com/forum/proxy.php?request=http%3A%2F%2Forig09.deviantart.net%2Ff763%2Ff%2F2015%2F055%2F7%2Fe%2Fion_hover_car_by_dqsanchez-d8jev4b.jpg&hash=1ae81a6eb2b0096528290d389c606f7dbb1a3abf)
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I'm not reading anything in this thread until dax posts his beatdown.
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This isn't about how much money KDOT is spending. It's because the Bank of KDOT has been funding the General Fund.
Again, this is why we should cut education funding. Time for a little pay back.
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Hadn't seen this discussed.
Looks like we were able to borrow money at only 3% to finance these tax breaks!!!!
http://cjonline.com/news/2015-12-15/kdot-issues-record-400-million-bonds-exceeds-previous-debt-cap
KDOT issues bonds every year. And they proceeds have to be used for road improvements otherwise the issue loses its TE status. Other than that, you guys really nailed the issues here. :lol:
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Yep just something that happens every year.
http://kcur.org/post/kansas-house-appropriations-chair-says-kdot-deal-not-done-secret#stream/0
http://kcur.org/post/he-said-she-said-erupts-over-kdot-bonding-limit#stream/0
http://www.pitch.com/FastPitch/archives/2012/08/28/kansas-turns-to-kdot-funds-to-pay-for-capitol-renovations
(Also when I contacted my Representative (a Republican) he said he was unaware of the limit adjustment and also had not been informed about KDOT seeking a record number of Bonds. He was not supportive and it was his opinion that this was irresponsibly meant to cover budget shortfall.)
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I don't think you guys understand how budgets work.
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It seems that the budget works by bringing in insufficient revenue and then taking money from kdot to cover the difference (when that is not enough to cover the deficit tax the poor to cover the diff)
what am i missing?
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That seems to be the crazy libtard anecdotal and unfounded take away, so I think you got it.
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I am pretty sure that no federal money is used on rock roads in Kansas.
Gonna win 'em all! (using Tapatalk)
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That seems to be the crazy libtard anecdotal and unfounded take away, so I think you got it.
Please tell me about how moving over a billion dollars to the general fund from KDOT to cover revenue shortfalls should be reasonably interpreted?
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That seems to be the crazy libtard anecdotal and unfounded take away, so I think you got it.
Please tell me about how moving over a billion dollars to the general fund from KDOT to cover revenue shortfalls should be reasonably interpreted?
Well we have already learned in the Sam Brownback thread that FSD doesn't understand how taxes work, so I'm not sure why we would think he understands the budget process.
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:impatient:
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That seems to be the crazy libtard anecdotal and unfounded take away, so I think you got it.
Please tell me about how moving over a billion dollars to the general fund from KDOT to cover revenue shortfalls should be reasonably interpreted?
As a libtarded fantasy/delusion :dunno:
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Other than the kta, where do you think KDOT gets revenues from?
Why do you get your news from the pitch?
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Other than the kta, where do you think KDOT gets revenues from?
Why do you get your news from the pitch?
Are you rough ridin' serious? It's called gasoline tax, registration, and sales tax. That's where half their revenue comes from.
And KTA was a completely separate entity up until like 2013, and their funding is still mostly separate. There was crap going on like a KTA building would be right across the highway from a KDOT building.
Add KDOT and KTA to the list of stuff that FSD is clueless about.
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Totally illegal for them to take your picture too
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Other than the kta, where do you think KDOT gets revenues from?
Why do you get your news from the pitch?
Are you rough ridin' serious? It's called gasoline tax, registration, and sales tax. That's where half their revenue comes from.
And KTA was a completely separate entity up until like 2013, and their funding is still mostly separate. There was crap going on like a KTA building would be right across the highway from a KDOT building.
Add KDOT and KTA to the list of stuff that FSD is clueless about.
Oh I see, you think the KDOT is a separate taxing authority. Now I'm following the lunacy
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Other than the kta, where do you think KDOT gets revenues from?
Why do you get your news from the pitch?
Are you rough ridin' serious? It's called gasoline tax, registration, and sales tax. That's where half their revenue comes from.
And KTA was a completely separate entity up until like 2013, and their funding is still mostly separate. There was crap going on like a KTA building would be right across the highway from a KDOT building.
Add KDOT and KTA to the list of stuff that FSD is clueless about.
Oh I see, you think the KDOT is a separate taxing authority. Now I'm following the lunacy
Still clueless.
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Other than the kta, where do you think KDOT gets revenues from?
Why do you get your news from the pitch?
Are you rough ridin' serious? It's called gasoline tax, registration, and sales tax. That's where half their revenue comes from.
And KTA was a completely separate entity up until like 2013, and their funding is still mostly separate. There was crap going on like a KTA building would be right across the highway from a KDOT building.
Add KDOT and KTA to the list of stuff that FSD is clueless about.
Oh I see, you think the KDOT is a separate taxing authority. Now I'm following the lunacy
Still clueless.
Sounds good. Thanks for staying on the lookout for KDOT taxes being illegally siphoned to the general fund via fraudulent bond issues. After laundered through our government I'm sure they go to the Kochs
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Other than the kta, where do you think KDOT gets revenues from?
Why do you get your news from the pitch?
Are you rough ridin' serious? It's called gasoline tax, registration, and sales tax. That's where half their revenue comes from.
And KTA was a completely separate entity up until like 2013, and their funding is still mostly separate. There was crap going on like a KTA building would be right across the highway from a KDOT building.
Add KDOT and KTA to the list of stuff that FSD is clueless about.
Oh I see, you think the KDOT is a separate taxing authority. Now I'm following the lunacy
Still clueless.
Sounds good. Thanks for staying on the lookout for KDOT taxes being illegally siphoned to the general fund via fraudulent bond issues. After laundered through our government I'm sure they go to the Kochs
fund displacement...how does it work?
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I guess we shouldn't be surprised that the libtards would rather the KDOT have a quarter billion dollars in the bank than be spent on our children's education. Smdh
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I am for borrowing more while interest rates are low. We have crap roads and need state wide rail passenger service. We néed a southwest Kansas 4 lane through Dodge and Garden. This would allow the better movement of cows and a products.
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We have crap roads
Not really. Go drive around missouri and you will realize that kansas roads are really pretty good.
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Kansas has very good roads.
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http://www.hutchnews.com/opinion/editorials/interesting-debt/article_219782f3-9f0e-5639-a3e9-d2f0c8feca32.html
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In edn Whack-A-Doodle world, government entities never move money around in their budgets . . . but hey, you guys don't know "how budgets work".
Never going to defend Brownback, insofar as that news article goes, it's not particularly difficult for government entities to refinance bonds.
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Governmental accounting is so hard. Normal Financial accounting is very simple and easy, but man I sucked in the Not for Profit, governmental accounting class.
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Just want to remind everyone to file their Federal, State and KDOT income tax returns by April 15