Quote:
Originally Posted by Winilyme
But that's the same endless cycle we see repeated today:
- Raise $1M (which really isn't $1M since municipal services are required as a result of those new homeowners) and use some/all of the remaining dollars to fund more wants.
- Watch the cost of materials, labor, inflation, etc., to maintain the homeowner services and funded wants eventually overtake the original tax revenue benefit generated by those new homes.
- Then, you realize, you're in the same leaking boat wishing you had kept the Girl Scout camp as it was since at least it would have required relatively minimal municipal services in the long term, and the town wouldn't have been lured into unnecessary additional spending.
Round and round we go - where it stops - nobody knows.
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Perhaps use the $1mm to widen Meredith Neck Rd. into a 4-lane highway bottle-necking at Pleasant St. and Rt. 25 resulting in the addition of Meredith's third traffic light.