Dear Independents, as we speak an auditing firm is completeing the 2011 CAFR's for our city. We have heard the Republicans and Democrats take credit for the tax decrease last year and want us to re-elect them, but both sides failed to disclose exactly how they got us our tax decrease. As always, the Independent Party was there to research and expose the troubling Truth while our fast talking leaders were silent. While they have not yet commented or even indicated they are aware of the problems they created, I believe it is more likely they are evading public "blow back."
In either case the CAFR's tell the truth and speak volumes to the quality of their work. A quote from the 2010 CAFR (Comprehensive, Financial, Audited, Report) for Milford:
As of "June 30, 2010 the City had $150 million in bonds and notes outstanding versus $102.7 million last year - an increase of 46.1%"
This ratio is marching to unsustainable levels, and although we are not as in bad a shape as Stratford or West Haven, we can look to the hardships of those cities as an example of where we are headed without meaningful spending reforms.
At this meeting We will be discussing how best to get people involved and care about our city. Just keep in mind that while taxes were being slashed, the city Credit Card was being bilked.
This year the public perception of tax cuts is very positive while the alarming details of how they got it was being concealed. This election we need to focus on a strategy that will change this paradigm.
Awareness of the problem is the first step in stemming the growth of our cities 260+ Million of crushing debt. Please spread the word.
This year the public perception of tax cuts is very positive while the alarming details of how they got it was being concealed. This election we need to focus on a strategy that will change this paradigm.
Awareness of the problem is the first step in stemming the growth of our cities 260+ Million of crushing debt. Please spread the word.
Read the CAFR's at the below link, and invite your friends and relatives to join us for discussion at our upcoming meeting. Also feel free to forward them these links.
The next meeting is Thursday June 30th at 7:00P.M. at the Beach House in the Woodmont section of Milford. Their address is:
141 Merwin Avenue
Milford, CT 06460
(203) 951-3594
Milford, CT 06460
(203) 951-3594
We will do the same format as the Great River Golf Course, (order appetizers courtesy the Independent Party) and collect a donation during the meeting. Donations are entirely based on what you can afford to give and there is no committment required on your part to give. However, we do count on your support and always appreciate and thank everyone who has donated so generously in the past. There is also a cash bar available for anyone who wishes to have a drink. Newly registered Independent party members get their first Free drink on us.
For questions or comments please call me at (203) 247-4357.
Rocco Frank
Chairman Milford Independent Town Committee
Supporters, Friends and Members can also send checks made payable to MITC at the following address.
Milford Independent Town Committee 44 Lexington Way N. Milford, CT 06461 Att: Rocco Frank Chaitrman.
Supporters, Friends and Members can also send checks made payable to MITC at the following address.
Milford Independent Town Committee 44 Lexington Way N. Milford, CT 06461 Att: Rocco Frank Chaitrman.
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