The Middletown Press (Middletown, CT)
Democratic control would destroy Wallingford
In 2017, Moody’s Investors service placed credit ratings for 26 cities and towns under review due to the state’s continuing budget stalemate. Wallingford was one of them. Of those towns in fiscal year 201819, Wallingford is one of eight towns with a mill rate of less than 30 and the only one to have a career fire service.
Do candidate Jared Liu and town Democrats understand the devastating impact the Moody’s downgrade and the raiding of the rainyday fund has on a community? It will increase borrowing costs, explode property tax rates and limit the town’s ability to fund necessary municipal projects.
The current and past Democratled administration at the state level has placed a strain on Connecticut families with increased taxes and fees, punished financially responsible communities with less municipal aid in favor of redistributing wealth to irresponsible deficitrun cities.
I urge every town resident to look at area towns like Hamden, a oncethriving community that generously rewarded its town workers with great benefits, salary and a defined pension but underfunded the pension and the 1998 market crash caused a big drop in the fund assets. Hamden town salaries and benefit costs continued to grow while taxpayers working in the private sector had stagnant earnings, all resulting in big budgets and tax increases.
Under the leadership of Republican William Dickinson, the town of Wallingford has faced manageable taxes, great schools and excellent services. Mayor Dickinson has maintained a healthy reserve fund, understands what local government services really cost and has allowed Wallingford to show great strength and prosperity.
Let’s not elect a fiscally irresponsible taxandspendyourselftoprosperity Democrat and send working families right to the poor house.