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A FINANCIAL PERSPECTIVE ON OUR TOWN DEBT AND OPEN SPACE

5/3/2016

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,Here’s a financial comparison:  As of 3/31/16, the national debt was $59,500 for every man, woman and child, or $238,000 for a family of four.  Based on a population of 5,500, and our town debt of $49 million, the current level of debt in Cave Creek is $8,900 for every man, woman, and child. 

And it shows no sign of decreasing.

If the town acquires the 4,000± acres of open space land, the town is committed to paying all of the water infrastructure to the property borders of all four Open Space Agreements.

Ka-ching.

Please post your comments but remember: be nice .. be polite.. or be deleted.

Janelle Smith-Haff

correction: 5/3/2016


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