Vote NO To Eliminate The Finance Board

Printed: Sep 22, 2022 04:25 PM

To the Editor:

Partisan politics vs Board of Finance overseeing … is the Constitution Fee attempting to rubber stamp the Legislative Council’s longstanding want to eradicate the Board of Finance?

We hope that’s not the case.

If that’s the case, it’s going to merely be partisan politicians attempting to develop their energy and affect by changing elected monetary specialists who independently scrutinize the funds of your entire city. Let’s keep in mind that the LC’s members characterize voting districts and their pursuits.

Info:

*Bonding firms just like the Board of Finance — Do we actually wish to threat our AAA Bond ranking?

*Over the BOF historical past, the board has saved 1000’s of {dollars} in sensible budgetary cuts for Newtown taxpayers.

*The BOF has traditionally protected Schooling {dollars} from politicians.

*The BOF is our “Watchdog” to make sure the city maintains a wholesome , balanced monetary standing.

In conclusion … The BOF financially leads, their experience is in finance not politics. VOTE NO to eradicate the BOF on the Constitution Revision referendum.

Tulio E. Lopez

Newtown