As local governments grow increasingly nervous over the bond market, Forsyth Rep. Dale Folwell urges Forsyth Technical Community College to pull its $62 million bond request from the Nov. 4 ballot:
Folwell said he opposes the bond request because it could raise taxes and create unnecessary stress on already strained taxpayers.
“For them to go ahead with this, they must think we, the taxpayers, are stupid,” he said. “With what’s going on in the economy, governments more than ever have to make due with what they have and get more out of what they already have.”
Funny, Forsyth Tech president Gary Green takes the opposite point of view, saying the economic downturn increases the need for bond money.
What the article doesn’t address is whether or not the ballot can be changed at this date — I’m assuming can’t. But it’s still good to see an elected official speak out against the bonds. I’m waiting for some of the more budget-conscious members of the Greensboro City Council to speak out against the city’s $205 million in bonds on the ballot.
Greensboro resident DeLonda Farmer said she realizes the bonds cannot be pulled from ballot, but she still asks the City Council “to reconsider the matter and determine what actions can be taken.”
