At last night's town meeting, the voters turned down Bruce Turner's proposal to borrow $500,000 to build a new police station, voting instead for yet another study of the town hall property at a cost not to exceed $25,000. The primary justification for spending $500,000 now, according to Turner, was that the town was just about to pay off significant other debt and therefore it was a good time to borrow more.
That argument was shot down by Charles Flynn of the school committee, who pointed out that significant capital expenditures would be required at the Sheffield school during the next few years, and Egremont's share of them would be considerable.
Both Selectman Bruce Cumsky and the Finance Committee said they felt a bit sandbagged by Turner's presentation at the meeting of written materials and a power point presentation that had not been disclosed to them before the meeting.
We are suffering through a capital markets meltdown caused in large part by people who thought it was smart, as they were paying off their mortgages, to go right out and borrow more. Are we going to learn anything from this crisis? With respect to some of our elected officials in Egremont, apparently the answer is no.
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1 comment:
Just another good reason to vote out Bruce Turner and replace him with Richard Burdsall, who has a sharp eye for numbers and the best interests of Egremont's hardworking taxpayers at heart!!
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