Economic times make New Castle ballot issue a tough sell in 2008 |

Economic times make New Castle ballot issue a tough sell in 2008

We can’t simply look the other way and not acknowledge the difficult and unpredictable economic times that we will be facing in the coming years.

Asking voters to OK tax increases as the economic market continues to bounce around like a superball on an asphalt road, is risky.

During these times of economic troubles, when gas prices, food costs and virtually all other expenses of life are causing heavy burdens on residents, we don’t believe this is the year to approve tax increase.

That’s why we can’t offer our support for Ballot Issue 2B.

Planning for the future takes money. That’s what the town of New Castle is facing now and they are asking voters to approve Ballot Issue 2B, which would increase the town’s debt of $3 million with a 4.5 percent priority tax increase.

The money would go to upgrading and improving the town’s drinking system, water treatment plant and related facilities.

Growth has been a large issue for New Castle for the past decade, and will continue to be an issue for years to come. Yes, improvements to the drinking system and water treatment plant makes sense for the future. But is this the time to approve a property tax increase for those improvements?

We don’t think so. With a struggling economy, the growth spurt of New Castle has slowed. And the more money residents are asked to pay in taxes stretches their already thin budgets.

We just don’t believe this is the year to approve a tax increase. We totally agree that New Castle will need to upgrade its water facilities in the future. But this isn’t the time when the economic future is in such disarray.

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