Wednesday, January 18, 2017

Apparently the MA department of revenue thinks Templeton has too much debt to get a state guaranteed loan at this time. It seems Templeton has too much debt. Really? because at an advisory committee meeting, the Templeton town administrator told the committee that the school debt would not/does not count as the 5% debt limit. As I have previously asked, is or would Templeton be responsible for the 47 million dollars debt? The consequences Diane Haley Brooks is I am running for selectmen again this year! Sorry the selectmen and some others do not like advisory committee writing a letter to the municipal finance oversight board and they do not like the committee doing it's job, but someone has to try to tell people on the condition of Templeton finance. Diane Brooks should remember the MCAD training and realize that retaliation is against the rules.There is a correlation between real estate, loans, mortgages and what people can afford and i would think that would be apparent in municipal finance as well. It is not about for or against a school, it is about finance and what you can afford. I believe it was irresponsible for the selectmen to paint a healthy financial picture for the people of Templeton just to put them in debt for another 47 million dollars. I believe it is even more irresponsible to still try after you have been told things are bad and even worse than you thought.



posted by Jeff Bennett