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to Everything Croton, a collection of all things Croton--our history, our
homes, our issues, our businesses, our schools--in short, EVERYTHING CROTON.
As many of you know, the 2015-16 budget is on the Monday 4/6 agenda; you can read more about that here: http://bit.ly/1F92wFq
But for now, please take a moment to read an important letter from Croton United's Joel Gingold:
CRITICAL THINKING ON CROTON'S 2015-16 BUDGET
To the Editor,
Last night the Village Board “reviewed”
the capital budget for the next fiscal year. What transpired was
disconcerting, to say the least.
The village currently has
a bonded debt of about $32 million. While about $2 million will be
retired over the next year, the Board proposes another $10.5 million in
new debt, or a 33% increase in just a single year.
Annual
debt service has increased by 36% over the past three years to nearly
$3.4 million, nearly 20% of the total operating budget, and it will rise
sharply again in the 2016/2017 fiscal year when payments on the new
debt will begin. Looking a few years down the road, this Board proposes
to borrow $6 million for a new village garage and another $6 million
for the renovation of police headquarters, all of it by 2019.
READ THE REST HERE
https://www.facebook.com/notes/croton-united/cu-official-joel-gingolds-gazette-letter-critical-thinking-on-crotons-2015-16-bu/430614020428968
WE DO NOT NEED A NEW POLICE STATION. MAKE DUE! EVERYONE ELSE HAS TO!
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