By the looks of Morrisville's fund balance projection, there's good reason to be talking fiscal responsibility. A town savings account or "fund balance" that drops below zero (the blue line on the graph) is not a good thing. Not at all. Yet at present, the town's plan is to spend more than we take in. Fiscal responsibility? No. No.Based on a years long pattern of overspending, our taxpayers narrowly escaped what would have been an economically devastating 19% property tax increase last year. But what about the above graph? Does this mean we have no choice but to raise property taxes to the level supported by Faulkner, Stohlman, Johnson and Snyder?
No. We can turn this around with Responsive Leadership.
We must employ conservative fiscal management of taxpayer funds and we need to start soon. We must set clear priorities based on funding needed services. We then have to stick to those priorities. And we must acknowledge that raising property taxes to fund parking lots and multi million dollar greenways is not in the best interest of residents or businesses.
These are tough economic times. With responsive leadership, we can weather them. That's why I'm asking for your vote on November 3rd.
Jackie
