Tax Dollars for Restaurants is Nothing New

At least COMIDA must publicize its largesse through meeting notices and hearings. The city’s business assistance program is far more opaque, its awards only accessible via open records requests and the fine print of annual publications buried deep on the city website.

The city’s standard small business matching grant award is $8,000. That means a restaurant must show it invested that amount in order to receive the grant. Many restaurants get this grant. More than a few of the businesses that received the grant are now closed. Restaurants are extraordinarily risky and this may not be the best use of tax dollars to encourage the city’s revitalization. In other words, $8,000 isn’t going to save a failing business.

The larger awards are much more problematic, particularly because they never get a public airing. City Council doesn’t have to vote.

Here’s are some examples:

We shouldn’t be surprised if Redd lines up for some of this cash. We should, however, demand a public hearing before the money goes out the door.

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