Why were vital staffing and community services cut in Josephine County to protect the General Fund—only for the Board of Commissioners to approve a $3 million interest-free loan from that same fund to the Merlin Airport?

Where’s the financial logic?

Why Financial Impact Statements Matter

A financial impact statement evaluates how a decision will affect revenue, expenses, cash flow, and overall financial health. It’s a common-sense tool to ensure that public funds are spent wisely and with accountability. Shouldn’t our county charter require this kind of assessment for all major financial decisions?

The Airport Loan – An Example of Unclear Priorities

The commissioners approved a $3 million, interest-free loan to extend the Airport runway. Here’s why it’s raising eyebrows:

  • Lost Interest Income:
    At today’s rates, the General Fund could have earned ~$125,000 per year in interest—now forfeited.

  • Unclear Repayment Plan:
    The loan is supposed to be repaid by 2026-27, but there’s no clear or public plan showing how.

  • No Financial Analysis:
    There was no feasibility study, no detailed cost-benefit analysis, and little public input before the decision.

  • Reliance on Uncertain Grants:
    Repayment hinges on reimbursements from the FAA and state grants. But with federal budget tightening, will those funds come through?

Promises vs. Proof

Commissioners suggest potential benefits like:

  • Better emergency response

  • Increased economic development from corporate air traffic

But are these promises grounded in reality? Are there businesses lined up to use the extended runway? If so, who are they—and will they offset the $3 million investment?

A Pattern of Inconsistency

At the same time this loan was approved:

  • Library lease renewals remain in limbo

  • Staffing and essential services have been cut under the banner of protecting the General Fund

So why the special treatment for the airport?

The Big Picture

Good governance demands transparency, consistency, and planning. If the county used a standard financial impact analysis for all major decisions, it could help prevent questionable choices—and protect taxpayer dollars.

Maybe it’s time the Josephine County Charter required it.

Let us know what you think—should financial impact statements be mandatory?