The permanent bad haircut
This blog’s motto is “In The Principality, the taxpayer gets a bad haircut”. That bad haircut will never grow out as long as the administrators continue running things by issuing more public debt in order to pay for routine maintenance items.
Here are the headlines: Township introduces $3.7M bond for repairs: Committee approves money for road, sewer upgrades, which is much more accurate than the misleading Township Earmarks $2.2 Million for Roads.
There is no “earmarked” money in the budget; in fact, since there was no provision in the budget for road repairs, sewer upgrades, park maintenance and other public works, the Township resorts to increased public debt in order to pay for these items.
And pay for them we will, again and again.