Monday, August 4, 2025

$120,000,000 loan

 Last time im trying to post this .

So this Wednesdays council meeting Mayor Tuerk or council are going to propose an initial bill that is going to ask for 40 million in 3 increments so 120,000,000 million over a 30 year loan. So basically simple math roughly is going to result in approx $175,000,000 in interest!!!! So 300million total. For a police station, fire station, and health bureau none of which will bring any money back to the city. But this is to appease the puppets of the mayor, Chief Agosto, Chief Roca, and Vicky Kistler. All yes men to the mayor. Taxes will have to go up 5-6%. I don’t care what anyone says. Just wait. Its coming. Ill give you dummies a tip (fyi not my readers or supporters) , when it comes to these types of projects you are better to rent and take your down payment and roll it over in some CDs or mutual funds every couple years. I like math so, if the city rented a police station and say health bureau for $83k a month which is ridiculously high but just saying, which comes out to $1 million a year. The police and health bureau could both stay in a building for roughly 35 years factoring in rent increases. Why throw all the money up at once??? Dumb. Learn compounding interest not spending it all like the Democratic way then asking for more money the city doesn’t have.

 

Please read my new post with more updated ridiculous numbers.

 

 

 

1 comment:

Anonymous said...

Powloski booffonery at its finest with the walking dick with ears or in this case bicycle riding. Maybe he can get a free black woke mustang on the city before his departure to Danbury with its mentorship.

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