Speak Out 8/7/12

Tuesday, August 7, 2012

Twin Rivers

bond issue

I see where Twin Rivers is running their $3 1/2 million bond issue again. This carries a 37 cent increase in taxes, making a 40 cent tax rate for the next 20 years.

Enrollment has dropped from 1056 in 2002-03 school year to 947 in 2011-12 for a loss of 109 students in nine years. 281 was reported to DESE and 268 to activities association in 2011. I do not know how many in high school, may be a good time to call for a state audit. If this decrease continues we will have less than 700 students in 20 years.

Repayment schedule will be $175,000, principle, and $105,000 interest at three percent if you can sell the bonds for that amount. Total $280,000. While the tax rate only generates $232,000, leaving $48,000 short. When will they ask for an increase in the tax rate?

US debt just keeps going up

Claire McCaskill has been in the Senate five-plus years and the debt's gone up $6 trillion; Jo Ann Emerson has been there 15 years and it's gone up every single year. Is that what you really want, people?