Wednesday, October 28, 2009

OPEN SPACE TAX SHOULD BE RATIFIED EACH YEAR BY THE VOTERS

The open space tax is first foremost an added cost to taxpayers at a time of fiscal crisis in Point Pleasant Beach. It has been used to provide the down payment for the acquisition of properties which are than paid for through the issuance of bonds whose term can be as long as thirty (30) years.


1st question, how do we pay down the debt if we the voter decide we no longer desire to pay the added open space tax. Answer. The General Fund, and higher property taxes until the bonds are paid.

2nd questions, Why does a community bordered on all sides by water and most notably the Atlantic Ocean and Manasquan River need to spend money on additional open space? Answer; We don’t, this is the view of a few, I believe when the voters approved this it was believed that improvement to our local and existing parks and open space would have occurred. It hasn’t, are parks, the band shell, memorial park are all in need of renovation.

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