Letter: In Bradford, separating the town’s wants from its needs
My husband and I have been residents of Bradford for 10 years, and we truly love this family-friendly town. For the majority of those 10 years, we have heard much talk about the need to attract businesses to town so that the tax burden on each family can be reduced.
It has become apparent to us that many have their hopes on revitalizing Bradford hinged on one effort, namely the town hall restoration. As wonderful as this would be, this requires the town to borrow the money and to negotiate a term for the note. This means that each taxpayer will, in effect, have another loan to pay (roughly $43-$157 per year, depending) in addition to the increases we will already encounter with all the other essentials voted for at town meeting (roughly $1.42 per $1,000).
While most of the items at town meeting are annual expenses, paid for through our yearly taxes, the town hall restoration expense would be an ongoing debt for the length of its term. If the reconsideration vote for the town hall restoration passes, another $43 to $157 per year will be added to the annual expenses next year.
We live in a trying economy, which has seen a record number of Bradford home foreclosures and business closings. It is just not financially responsible to spend money on a “want” verses a “need.”