South DaCola

The City of Sioux Falls is swimming in money

As the city council discussed giving $10 million towards the DSU Cyber project tonight and after watching the presentations and seeing the state supports this, I think it is a good project. Not sure I believe all the bull thrown about today, but it is a positive investment. I did shake my head though when the Dean of DSU was talking about what the $10 million investment in infrastructure was for and said something like, “It’s for campus lights and sidewalks, but we don’t know what that will cost since the final plans haven’t been drawn up yet.” So where did the $10 million number come from?

But what shocked me was these slides presented by the city finance director. Fortunately I took a screenshot, because these slides are NOT available online. The city has millions laying around in the reserve funds.

It is unfortunate the council was not told this last month so they could come up with projects (like cleaning up our core, or even better, CUTTING PROPERTY TAXES FOR ALL OF US! Instead the mayor, who hates transparency, hid the information from the council so he could push his pet projects, so far spending $12.5 million of it, with NO input from council except a vote once it was packaged in a neat little bow.

Whether you agree or disagree with the bonuses or the cyber project is of little concern, it is how the mayor secretly negotiated these projects that is very bad for good government.

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