Author Archive for Waldo Jaquith

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Calculating Cost of Housing in the Face of Students

In today’s Progress, Rachana Dixit explores the difficulties of calculating the cost of housing in a college town. Looking at the raw numbers, about half of the city is spending more than a third of their income on housing, which is trouble. Except for students, for whom that’s a reasonable thing to do for a few years. Knowing how much people are paying for housing is important, because it’s a key method of determining the fiscal health of the population and the appropriateness of our housing stock. It’s good that we all see the problem of these data—now we’ve got to solve it.

BoS Wants 6 Cent Tax Hike

The Albemarle Board of Supervisors has asked county staff to prepare a budget with a real estate tax rate of 77 cents, Brandon Shuletta writes in today’s Daily Progress, an increase from the current 71 cents. Declining property values require a tax hike in order to maintain existing services. Ninety cents would keep county revenue level, while 74.5 cents would keep taxpayer payments the same. Every member of the BoS had their own figure in mind, but they ultimately decided on 77 cents, with supervisors Ken Boyd and Lindsay Dorrier (the two conservative members of the board) both dissenting.

Groh’s Contract Capped at 2011

UVa has declined to extend Al Groh’s contract, the Post reports, leaving him under contract for just three more years. His record leaves something to be desired among Cavaliers fans, so there’s been support for seeing him replaced with a new football coach.

Nelson County Residents Killed in Mumbai Attacks

Synchronicity says that their two employees missing in Mumbai—58-year-old Alan Scherr and 13-year-old Naomi Scherr—are dead. The State Department is not confirming their deaths, so this news is known only from Synchronicity. The say that the two were killed in the attack on the Leopold Café. The restaurant, a watering hole for visiting Westerners, was stormed by terrorists on Wednesday, who fired indiscriminately at the patrons with automatic weapons. The attack went on for ten minutes, leaving a large but as-now uncertain number of people dead and injured. The attack on the Leopold was one of a half dozen such attacks launched against civilians across Mumbai, attacks that are still ongoing now.

Embarq Bought by CenturyTel

Get ready to write checks to a new telco: Embarq has been bought by CenturyTel. The Lousiana-based company, founded in 1930, bought Embarq for $11.6B in cash and debt assumption. CenturyTel is, like Embarq, largely in the business of providing service in small markets and rural areas.

For those of y’all new in these parts, Centel was long our telco here. It was started in 1900, and come 1993 they had 1.5M landline customers in seven states. That was when they were bought by Sprint, which meant that, weirdly for the time, a long distance provider was our local phone company. Sprint spun off Embarq in 2006, which consisted of Centel and their other local phone assets. And now that they’ve gotten their name and logo updated, they’ll be CenturyTel. Let’s all practice cursing a new business name. For those of us who still slip and call the phone company “Centel,” at least the new name is a little closer.

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