1 min read

States, towns and cities will never get our taxes down until they stop abusing bonded issues, because a bonded item can cost you over 30 percent over a 10-year period.

Last I heard, Lewiston was about $93 million in debt, and the state has over $709 million in debt from bonded issues passed in previous years and that is the first item that must be paid back before anything else gets paid.

Bonds should be used for emergency purposes only and not special interests or favored projects. Consider a bond as a credit card and how that works, and I do not think credit card spending is a good idea with the high taxes we have in this state or city.

We will have more bond issues coming up this fall, and I hope residents all will remember this letter and vote no! We are the people who have to pay off these debts along with our own debts and that is asking too much. More new bonds will add to the taxes you now have to pay.

William A. Ferentz, Lewiston

Comments are no longer available on this story