Forfeit $1-2 Million As An Investment
Forfeit $1â2 Million
As An Investment
To the Editor:
Does it make sense to invest $1â2 million to avoid spending an additional $8 million on a new town hall that we donât need? Yes, it does make sense. Letâs stop this project now, while we can. If we donât, our taxes will reflect the cost of this unnecessary town hall for years and years to come. Thatâs why spending $1â2 million is an investment in fiscal responsibility.
Suppose you put down a $1,000 nonrefundable deposit on a $10,000 car without consulting your family. Then you learn that family members donât want the car and are willing to keep using the current car with minor repairs. Meanwhile, the economy is looking weaker and weaker, and youâre starting to worry about how youâre going to pay for this new car. Would you save your family the additional $9,000 by forfeiting the deposit? Or would you go ahead and spend the entire sum to buy the car, busting your budget and displeasing your family at the same time?
One million dollars is a lot of money. However, $10 million is ten times as much â money our town simply doesnât have to lavish on a new town hall. So Iâm asking our new government to please stop this project now and improve our townâs financial situation.
Respectfully yours,
Marian Wood
62 Great Ring Road, Sandy Hook                          December 3, 2007