By Matt Williams

In the 2015-16 deliberations about the Nishi 2016 proposal, the City’s economic consultant EPS presented to the Finance and Budget Commission (FBC) its initial model of costs and revenues, which showed a $78,000 deficit fiscal impact for the City in the first year of full buildout, which later grew to $106,000 after correction of a math error in the model.  The FBC rightly noted that $106,000 annual deficit would come out of the pockets of Davis taxpayers.

In the robust discussion that ensued, some of the FBC members argued that the discussion should include a “cash accounting” approach in addition to the “full life-cycle accounting” approach EPS was using in their model.  The explanation was that many of the expenses included in the EPS model had already been “pre-spent” by the City and would not have to be immediately re-spent. FBC member Dan Carson calculated an estimated amount of $734,000 per year (out of an estimated total expense budget of $1,532,000), which was a 48% reduction.

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By Gilbert Coville and Roberta Millstein

Davis residents have now received a second glossy multi-page mailer in support of the Nishi 2.0 project. Most likely, there will be more to come. How do proponents of Nishi spend their money? What are their priorities?

In local elections in California, campaign finance reports are filed with the local municipality. Here in Davis, these forms are viewable on the eCampaign Public Access system accessed from the City of Davis website’s Financial Disclosures page.

When trying to influence an election, corporations are required to report any related expenses as independent expenditures.

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