Thread by @freddieoconnell

The good: Metro has a budget approved by @TNCOT, which means our mix of revenues and cuts balances.

The bad: #MetroCouncil proved unable to prevent $5m in impoundment from affecting the Barnes Fund.

The ugly: a PILOT for @NashvilleMWS tucked into the just-approved water/sewer rate increases that was not connected to the corrective action plan till after it was approved.

I think many of us might’ve wanted to increase the amount of the PILOT had we known more.

So far, to my eyes, we appear to be using the same old bag of fiscal tricks in a way that makes effective public scrutiny difficult.

This troubles me, and it should trouble Nashvillians.

Based on remarks this week by @JohnCooper4Nash, it sounds as though creating a structurally stable budget with appropriate revenues will be left up to #MetroCouncil.

Meanwhile, $30m in private sources of financing and 100+ units of #affordablehousing hangs in the balance unless the urgent generosity of partners like @TheHousingFund can be arranged.

This is not affordable housing policy.

Confession: I made a mistake. I was focused on the rate structure. It didn’t dawn on me until it was too late that the PILOT would be included in a troubling mix.

In retrospect, I should’ve pushed to defer till we knew what was in the corrective action plan.

Accountability is a difficult but important goal, and it so often has many points of necessary simultaneous focus.