written (or copy and pasted) solely by Stanley H. Wotring, Jr. I am not a representative of the LSC (BUT I WANT TO BE!} nor are they responsible for the content. My email address is ***Lynn.School.Watch@gmail.com***. TIME TO GET SERIOUS!
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Friday, February 24, 2017
LORI LOOKS AT THE LOOMING TAXES AND TROUBLES AHEAD
Lori D'Amico There
is no doubt the city of Lynn desperately needs new schools. However,
the city hasn't been able to meet its NSS obligation for YEARS and owes
the schools the city already has standing MILLIONS!! It appears as
though every audit that is conducted on the city turns up errors, misuse
of funds and mismanagement of funds, which typically results in more
debt for the city. There are concerns and issues with how the city will
pay for contracts without any layoffs. The city continues to lose
significant tax revenues from businesses selling and non-profits/non-tax
paying organizations buying. So can the city actually afford to take
on $80 plus million or whatever the cost will be for the 2 new schools?
I will let people decide and vote for themselves
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