Woo-hoo (with an asterisk)
Matt Sanderson of the Tiverton Patch is reporting that both the library bond and the financial town referendum (FTR) questions passed. So, there’s a big woo-hoo for the FTR. Of course, that’s tempered by the fact that voters just agreed to borrow several million more dollars in order to build a new library — on top of the three brand new elementary schools that we’ve recently built.
It doesn’t take but a few floating tea leaves to see that this combination will yield a crisis (even before we throw in pension problems), but at the very least, I can only be thrilled that the referendum will likely act as a counter to the absolutely massive tax increases that would be facing Tiverton in its absence.
The vote counts paint an interesting picture. According to Sanderson, the FTR won by 2,927 to 1,429 (67% to 33%), while the library slipped through with 2,351 votes against 2,009 (54% to 46%).
The difference, therefore, is around 13% of voters, which could be decisive in determining how the town deals with all of the demands being made on its finances — including what I understand to be extremely weak bargaining against the local unions on the part of the current Town Council, under the leadership of President Jay Lambert.