Thursday, October 29, 2015

TODD FREEBERN FOR CROTON UNITED, AN IMPORTANT LETTER ON VILLAGE DEBT

“OUR VILLAGE DEBT BALANCE HAS INCREASED TOO RAPIDLY” - This letter by Todd Freebern was published in today’s issue of the Gazette.

To the Editor:


As a resident and taxpayer of the village of Croton-on-Hudson, I’ve watched with interest the dialogue among the candidates for mayor and trustee, particularly in the area of fiscal health for our village.

Being part of the financial industry for the last 11 years and a CPA since well before that, I’ve seen what can result from a high debt load. In moderation, debt is OK. Most homeowners wouldn’t wait to save enough to buy their home with cash. But there’s a limit to how much debt is sensible, and so we try to keep our credit card and other debt balances low. For our village, no one is saying it is not prudent to use debt for vital projects with long-term value. No one is saying it is not prudent to take advantage of low interest rates when they exist. The issue is one of discipline, and knowing when enough is enough. READ MORE HERE http://www.crotonunited.org/blog-n/2015/10/29/our-village-debt-balance-has-increased-too-rapidly

5 comments:

  1. Thank you so much for your letter. Wake up Croton!

    ReplyDelete
  2. I am not on Facebook and cannot get onto the CU fb site to read the rest of the letter, which I would love to read in full. Can CU change their fb settings in order to make it more public? Thank. You!

    Please everyone, vote. And urge your friends, neighbors and families to do so, too. Give someone a ride to the polls!

    ReplyDelete
    Replies
    1. You need not be on FB to see the rest of the letter.

      However if you are having issues, copy and paste this link into your browser directly at the CROTON UNITED website; you may have to scroll down the page http://www.crotonunited.org/blog-n/

      Delete
    2. Don't understand why you are having problems. I'm not on FB and I have no trouble. Or you can read it in the Gazette or on the Croton United website. Everybody's talking about it. Linda

      Delete
  3. Thank you Mr. Freebern for your letter, to Joel Gingold as well.

    ReplyDelete