Goleta City Council’s Fiscal Failures: The Hard Facts

Rich Foster
on
July 1st, 2024

In a recent announcement, Mayor Paula Perotte declared her intention to run for re-election, asserting that “the state of our city is very, very strong.” While I respect Mayor Perotte’s commitment to our community, it’s crucial to address the stark realities of Goleta’s financial situation and future. The facts tell a much different story, one that demands transparency and urgent action.

The Reality of Goleta’s Financial Health

Mayor Perotte’s optimistic view overlooks several pressing issues. Goleta’s deferred maintenance stands at $65 million and continues to grow due to underfunding. This means essential infrastructure repairs are being neglected, contradicting the claims of a vibrant and robust city economy.

Misleading Budget Projections

The City Council has consistently underestimated project costs. For instance, the Old Town restriping project, initially estimated at $1.4 million, ended up exceeding $4 million. To reduce cost, Mayor Perotte and City Council simply changed the parameters and dropped the necessity of fixing Old Town sidewalks. Similarly, the train station project was initially estimated at $16.5 million but has now ballooned to a staggering $31.9 million. These significant discrepancies reflect a pattern of financial mismanagement that erodes public trust and strains our financial resources.

Capital Improvement Projects (CIP)

Mayor Perotte’s narrative fails to address the critical underfunding of our Capital Improvement Projects (CIP). In 2023, the projected costs for Goleta’s CIP over a five-year period amounted to $436 million, with $220 million unfunded. By 2024, these costs had skyrocketed to $709 million, leaving a staggering $477 million funding gap. Such deficits are a direct result of severe financial mismanagement, putting Goleta at risk of bankruptcy or necessitating massive new taxes that would further burden our residents.

Deferred Maintenance and Infrastructure Woes

Deferred maintenance is not just a future concern; it impacts us now. Our roads are deteriorating, and necessary repairs are being postponed, leading to escalating costs. Despite claims of a balanced budget, the reality is that our city is not accounting for these crucial needs, leaving our infrastructure vulnerable and our residents frustrated.

The Need for Responsible Leadership

Goleta deserves leadership that acknowledges these financial challenges and prioritizes practical solutions. We need a mayor who will focus on fixing our finances and infrastructure before embarking on new projects that further strain our resources. The residents of Goleta deserve transparency and honesty about the state of our city’s finances and the potential consequences of continued fiscal mismanagement.

Conclusion

While Mayor Perotte celebrates perceived successes, the financial data tells a different story. Goleta’s future depends on responsible financial management, transparent leadership, and a commitment to addressing our most urgent infrastructure needs. As we approach the upcoming election, it’s time for a change that will truly secure Goleta’s future and restore fiscal responsibility.

By shedding light on these critical issues, we can ensure that Goleta remains a great place to live, work, and play—not just now, but for future generations.

Rich Foster

Rich Foster has been a dedicated resident of Goleta for nearly 50 years, advocating for fiscal responsibility and essential infrastructure improvements. With diverse experiences and a deep commitment to the community, Rich aims to prioritize fixing roads, ensuring financial stability, and listening to residents' needs. As your mayor, he is focused on creating a better future for Goleta.

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