School bond and budget facts
Dear Editor:
Fact: in November voters in both towns turned down a $29 million bond referendum.
In less than three months, the Trustees agreed to ask voters to approve essentially the same project at a higher bond in the amount of $30 million.
Fact: last spring voters approved a 15% increase to the annual 2023-2024 school budget which resulted in a substantial tax increase. This year school administration requested an 18% increase to the 2024-2025 annual school budget which would, if approved, bring it to $11,096,105 for around 400 students.
Fact: at this pace, the school budget will double in less than five years.
And that is without any payment for the proposed $30 million middle/elementary school bond. Once again, the terms of the loan have not been discussed or disclosed.
Fact: This is clearly not sustainable.
Denise Griffin
Boothbay Harbor