Mayor Montalvo Has Doubled City Debt for Every Citizen!
“I helped create an ordinance bringing our city’s financial status out of distress to a stable and strong fund balance” Mayor Domingo Montalvo, Jr., Wharton Journal-Spectator, April 27, 2016
Fact Check — False
In fact, since his election in 2010, Mayor Montalvo has financed City expenses by more than doubling the city debt load for every Wharton citizen. Wharton’s per person City debt at $2,113 is even higher than El Campo’s $1,465 per person. East Bernard has no city debt.
Good City Debt & Bad City Debt
There is good city debt like debt that might be used to finance a year round city aquatic center like El Campo’s — Wharton’s city pool is open only two months a year. Good city debt might also be used to improve Wharton’s parks or replace Wharton’s substandard water and sewer lines. However, that’s not what Mayor Montalvo did with this money.
Much of this money was bad debt. It was used to prepare for building new roads across County land, outside the City limits, with no benefit to the citizens of Wharton. Some of this money went to pay for studies as part of the Mayor’s grandiose and useless water plan. There was no Town Hall Meeting to discuss the need for this debt. There was no Bond Election to let the voters decide if these debts were worthwhile.
If you care about the future of Wharton, you’ll vote for Tim Barker for mayor. We can’t afford more of Mayor Montalvo!