Sunday, February 1, 2015
1012 C Street  •  Floresville, TX 78114  •  Phone: 830-216-4519  •  Fax: 830-393-3219  • 

WCN Site Search


Lost & Found

Found, black and white female dog-Stockdale area. call to identify. 2102165738
Lost: Male Rottweiler, not fixed, has a bad eye, on C.R. 329 and Hwy. 97. 210-286-3515.
Lost: Puppies, from CR 361 area in La Vernia, they are grey, black, and white, 1 male, 1 female, both had studded collars, kids miss them. Any information call 210-551-8228.
More Lost & Found ads ›

Help Wanted

Accepting applications for Barbacks at Roper’s Bar in Floresville on Hwy. 181. Applications available Monday-Saturday after 4 p.m. 830-216-9449.
Be skeptical of ads that say you can make lots of money working from the comfort of your home. If this were true, wouldn’t we all be working at home?
More Help Wanted ads ›

Featured Videos





Video Vault ›
RE/MAX homeRichardson Chevrolet homeTNMC
Report Comment

Please complete the form below in order to alert us to the following comment. If you have questions about our policy regarding comments please reference our Terms of Use page.

Untrue Resident  
Floresville  
September 20, 2012 7:18am
 
The Economic Development Corporations are not managing our money in fiscally responsible way. Reports can be found at: http://www.texasahead.org/tax_programs/typeab/reporting.php

4A: Convention Center
2011: Revenue: $367k ($228k sales tax) Expenditures: $632k Differences: -265k
2010: Revenue: $317k ($208k sales tax) Expenditures: $497k Differences: -180k
2009: Revenue: $270k ($202k sales tax) Expenditures: $422k Differences: - $152k
2008: Revenue: $236k ($194k sales tax) Expenditures: $122k Differences: +$114k +6M (Bond)
2007: Revenue: $191k ($174k sales tax) Expenditures: $61k Differences: +$130k + $990k (Bond)
Convention Center $5.8M over 30 years at 3% (generous rate): $293k/year
Add personnel cost and administration cost of $100k/year.
It takes $393k/year to get the Convention Center open. The most they have generated from leasing in a year is $78k and the most they have generated from sales tax is $228k.
So, the revenue the convention generates is $306k and the expenditures is $393k. The convention center is operating at a loss of $87k. The City of Floresville has injected numerous projects into the convention center like speakers and upkeep, etc. FEDC put the highway turn lane in. The 3% interest was very generous. The convention center will have to re-negotiate rates soon and pay another marketing fee which cost $800k last time. So, the real cost of the loan in 2014 will be around $5.8M +800k = 6.6M at 6% or $475k/year in 2014.
RECAP for Convention Center: The Convention will NEVER generate enough revenue to cover its cost. The City will continue to have fund improvements and upgrades and if the interest rate gets as bad as I project, the convention center will never be paid off by the convention center economic corporation (4A)
     
     Your Full Name: We will not publish your name or e-mail address as a result of reporting this comment. We request this information in the event that we need to contact you with follow-up questions. You will not receive any unsolicited e-mail by using this form.
Your E–Mail:
Reason:
Your Comments:
   

DDS Dentures & Dental Services Right-side banner
Pursch Motors
Southern Electric & Lighting right
John D. Foster home
Sherwood Surveying
HEB -Manufacturing Right-side w/link, home page group
Hoelschers home
Caraway Ford
C&T Paving Right-side w/link, home page group
Pat Brown Realtors, Inc. home
Stockdale FFA Right-side w/link, home page group
WCN
Thinkport-Exede Right-side w/link, home page group
Corner Store Right-side w/link, home page group
Abrego Lake
Floresville EDC
WCN border security forum video 2014
Sacred Heart SchoolHeavenly Touch homeAllstate & McBride RealtyWilson's Auto ChooserTriple R DC ExpertsBlue Moon Karaoke & DJVoncille Bielefeld homeDrama KidsEast Central Driving SchoolChester Wilson

  Copyright © 2007-2015 Wilson County News. All rights reserved. Web development by Drewa Designs.