CROTON'S LEVEL OF DEBT IS NOT SUSTAINABLE

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FROM THIS WEEK'S GAZETTE--Click on the link below to read the entire letter from Croton's former Deputy Mayor, Bob Anderson. "I am concerned that our spending is exceeding what we can afford, and we will soon exceed $40 million in debt. This is a village of 2,400 households containing 8,000 people. This level of debt is not sustainable, and this rate of debt increase is not sustainable. Croton's debt service right now exceeds $1 million per year. It is time to begin setting priorities."  MORE AT http://www.crotonunited.org/news-views/2019/4/12/crotons-level-of-debt-is-not-sustainable