The Village would like to thank everyone who attended the GO Bond Town Hall yesterday. The presentation slides are available online HERE. A recording of the meeting has been uploaded to the Village’s YouTube channel and can be viewed HERE. The Town Hall consisted of a presentation followed by a Q&A session. The positive aspects, as well as concerns over the GO Bond, were reviewed during this educational forum. The Village emphasized that:
- There is minimal risk of any need to raise property taxes as the financial projections show that cash flow from operations more than pay down the debt.
- The Village’s future projects and financing are well below the LGC’s 8% cap. Acquisition of the transportation system leaves plenty of room to address future projects.
- Village ownership and control of key transportation system decisions is the best long-term solution for the Island to control its own destiny.