3 years to pay $32 million in debt

The Town of Amherst needs to hault unnecessary debt issuance immediately!

In the next 3 years alone, the town has to payoff $32 million of required debt payments. The taxpayer bailout for 2024 alone was $10.5 million or more famously known as 11.4%.

Adding millions & millions of additional debt & interest requirements for the unnecessary development of Westwood Country Club is fiscally irresponsible. This on top of millions and millions for the town sticking their pinocchio nose into the Blvd. Mall private developer space & legal battle with JCPenney.

The CIP part of the budget does not need to be actioned upon. In laymen terms, it includes ‘nice to have’ items, that have no legal binding agreements to action upon (ex: Westwood). Redlining items in documents is used in transactions for a reason… to amend as necessary to make a responsible decision as processes carry out. ANY unnecessary projected spending should be redlined immediately.

For reference, the streetlight project is estimated to be about $3 million per year in the below 'total column'.