Our city is currently facing a fiscal emergency, a shortfall of $5.7 million, with projected annual shortfalls of $15 million. This alarming deficit highlights a blatant gross mismanagement of our funds that cannot be resolved through mere reallocation of resources.
Over the years, Chino’s leadership, including the mayor, have been employing a “Transfer In, Transfer Out” strategy. This strategy involves taking money from one expenditure and reallocating it to another without replenishing the original expenditure. This dubious practice has substantially contributed to the financial challenges we are confronted with today.
Chino proposes a sales tax increase from 7.5% to 8.5%. It is imperative that the mayor demonstrates transparency and accountability regarding past revenue allocation and incomplete projects. Residents rightfully demand a clear understanding of how funds have been utilized and concrete assurances that the proposed tax increase will not be diverted towards new projects, such as the new civic center.
Transparency and accountability must be the foundation upon which Chino can rebuild its financial stability. Therefore, the residents demand regular quarterly progress reports from the mayor. Reports will allow residents to monitor the progress made towards fiscal stability and ensure that the proposed tax is implemented effectively.
In conclusion, Chino’s population is anticipated to grow from 95,000 to 140,000 in the next 15 years, it is imperative that we embrace a firm and stable fiscal practice. This will enable us to effectively meet the needs of our evolving and expanding community.
Paul A. Rodriguez, Chino Resident.