A special election set for Tuesday, Feb. 10, will give town residents their first chance to vote on funding for roadway improvements at and around the New Hartford Business Park. . . .Last April, the Town Board committed Town residents to fund road improvements for a private developer at the NHBP, using short-term borrowing to get around the requirement of putting the matter up for a vote before making the commitment. But that will result in a steep tax hike in 5 years if the voters do not approve long term financing before then. The public, apparently, will be repeatedly subjected to vote on this matter until it either approves the funding, or the tax hike goes into effect.
Certified public accountant Frank Basile, whose firm FJ Basile, CPAs, PC, acts as a financial consultant for the town, said a bond anticipation note was used because it provides greater flexibility during the planning and construction phase of a new development. . .We, the taxpayers, fully understand what is going on, Mr. Basile, and don't need you, our overpaid consultant who is part of the problem, to lecture us on what we should approve or not approve.
As far as deciding whether money is spent, voters choose a town supervisor and board members to make decisions on their behalf, Basile said. Without the PILOT agreement, The Hartford would have moved elsewhere, he said.
“That is why it is so important for the taxpayers to fully understand the concept of the PILOT agreement and that the bond debt service will not be a burden or a cost to the town taxpayers,” Basile said. “If the taxpayers vote in favor of the 15-year serial bond, the payment of the related debt service will cost the taxpayers nothing as originally designed.”
Private interests, including accountants and realtors and developers and their EDGE enablers, have hijacked local government to suck money from the taxpayers' pockets and put it into their own. It is irrelevant that there may be no net cost to taxpayers if they go along with the scheme (and everything works out as planned) -- although there will be increased costs related to the "sprawl" that is being created.
The real issue, the one that will be voted upon (although the proposition will be couched in terms of "funding") is whether Government should be used to further private interests.
The fact that voters will be going to the polls with a financial gun to their heads means that, quite simply, New Hartford Town government has become corrupt.