Paying Salaries With Bonds

Ian McCann, in the The Dallas Morning News Richardson blog, reports that the City Council of Richardson plans that "Spending on 14 employees whose salaries are covered by bond debt will be moved to the general fund. The actual source of the funds will transition to the general fund over several years."

McCann doesn't say what reasoning was behind that decision. Because the city didn't telecast this council work session (unlike all other work sessions -- more about that here), and I didn't attend in person, I can only speculate on what's going on. It sounds like an implicit admission by the city that its critics were right. During the bond election campaign, opponents made a big deal of the fact that the bond package included salaries for city employees who would be managing the bond projects in some way. Supporters of the bond largely ignored the charge, voters did too, and the bond package passed. This week's decision to move those salaries out of the bond debt suggests that someone at city hall did notice the critics, after all.