Dyas - 'we have changed how we manage money' - revisit

Dyas claimed he had engineered something never seen on earth before ... 'building a more disciplined, modern financial system that delivers better value for every tax dollar."

Kelowna mayor was paid $126,497.29 before Dyas. He instantly made it $145,200. The money for Dyas' raises comes from Dyas' tax increases. "Kelowna has taken a different path. We now start by setting clear limits on tax increases, generally in the range of three to five percent."

The tax increase of Dyas was 4.4% last year. The number for 2025 was 4.34%. Kelowna city council approved a 4.72% hike in 2024. One councillor objected. He tried to get his peers to slow the rapidly rising tax roll. Ron Cannan; "We need to rein in spending at city hall and ensure your money has been spent efficiently ..." In 2023, the first budget under Dyas was a 3.78% hike. The 2022 number under Basran was 3.94%.

"At the same time, we changed how we deliver major projects. Instead of waiting years to save every dollar before starting construction, we now plan projects based on what we can afford over time. We also make careful, responsible use of borrowing through the Municipal Finance Authority."

Free spending simpleton Tom Dyas is saying the solution to his ever rising taxes to feed his spending is to borrow more. "The reality is simple. Borrowing for municipalities is relatively low cost, and we have recognized that it is often far more affordable than waiting while prices rise." Taxes under Dyas have risen over 17% in 4 years, even faster than the crooked and disgraced Basran. The last budget of $1.1b+ is another new record. Unemployment in Kelowna is back up to 9% and housing costs remain high. Dyas singing 'high growth' every day to justify his free spending is not true. Property values have decreased across the board in Kelowna. Property owners take it twice. Taxes rise every year while property values sink.

"We build when funding capacity is in place and pay for projects as they are built, rather than all at once. This allows us to move faster and avoid the steep cost increases that come from inflation and delay." Dyas' argument seems to be that the faster he blows taxpayer money (by borrowing) the cheaper everything is going to be.

"We took what was effectively a trapped pool of capital in the Legacy Fund and reinvested it, so it now generates millions of dollars in annual growth. That growth helps fund the infrastructure our city needs today ..." Comparing beans with apples sums up Dyas bullshit perfectly. "Spending more on infrastructure does not automatically mean taxing more." "Three groups spend other people's money: children, thieves, politicians. All three need supervision." -- Dick Armey, American economist and politician.

Passing costs onto future generations through debt accumulated by a K9 like Tom Dyas ought to be a crime.

Dyas promised to update citizens on https://www.tomdyas.com That blog hasn't been touched since. Instead, Dyas hired his own PR department, and with an approaching election, is using that to sell his propaganda. Among his other promises/lies in 2022, according to his blog, was a 3rd party audit of Kelowna's books.