Satisfied that Asheville’s financial liquidity (fund balance) decreased from 2004-10 by 53.3 percent ($23.9 million to $11.2 million)? Satisfied that the total debt for its noncurrent liabilities increased from 2007-12 by 55.4 percent ($82.2 million to $127.9 million)? Satisfied that the total liabilities increased by 60.2 percent ($91.6 million to 146.8 million) for the same 2007-12 period? Satisfied that the $6.9 million in the city employee’s self-insuring health and risk-management funds in 2007 are now gone ($0 balance) with the city currently paying as it goes without the reserves that previously existed?
Vice Mayor Manheimer, who also serves as the chairman of the city’s Finance Committee, stated on the record at the Council of Independent Business Owners mayoral candidacy debate: “Ah, let me, let me just clarify one thing right now … that is not — that is not a concern. Many of you know Gary Jackson. He has been with us since 2005. He has done an excellent job of making sure that we keep our finances in line, healthy. We keep our enterprise funds healthy and appropriate reserves.”
If you are satisfied with the status quo, then don’t vote. Let the “old guard” be elected. If you are concerned, then get out and vote “Leadership for a Change” — vote for John Miall.
— Larry Merrill
828.254.2244; Fax: 828.254.0899; Cell: 828.545.6244