Dutchess Residents Called to Vote Against $30 Million BOCES Bond
Posted in the Dutchess County Forum
#1 Nov 13, 2009
ON DECEMBER 1, 2009, taxpayers throughout Dutchess County will have an opportunity to vote on a nearly $30 million bond referendum to renovate and expand the Dutchess County Board of Cooperative Services (BOCES) vocational education site on Salt Point Turnpike in the Town of Hyde Park.
At a time when county residents face record unemployment, soaring budget deficits and rising property taxes you have to ask yourself: WHAT IN THE WORLD ARE THEY THINKING?
BOCES officials argue the cost of this new 66,500-square-foot facility will be less over time than what they are currently paying in rent for the BOCES Education Training Academy building in Poughkeepsie.
According to a financial analysis prepared by an independent accounting firm, the total cost of the bond Ė including cumulative interest over 20 years Ė is estimated at $62,265,000. Meanwhile, the cost of renting the existing facility over 20 years is estimated at $26,975,000. Thatís a savings of $35,290,000!
Yet BOCES officials continue to laud the so-called benefits of this new facility, describing it as ďan investment for the future.Ē Well, the future is not looking very bright for many residents of Dutchess County. Consider these grim statistics:
* Unemployment in the county hit 8.2% in September, a sharp rise from 5.5% a year ago.
* County Executive Steinhaus recently announced that the county government is facing an unprecedented $50 million budget gap in 2010.
* Governor Patersonís budget office recently released a report that shows the stateís budget deficit will balloon to $44 billion over the next five years. Meanwhile, income tax collections in the state are down over 30 percent from a year ago.
* School districts throughout the county are bracing for severe cuts in state aid now that the federal stimulus money has been spent.
* In another sign of the times, a report by the Empire Center for New York State Policy revealed that from 2000 to 2008 New York State suffered the nationís largest loss of residents to other states Ė a net drain of over 1.5 million.
All in all, itís not a very pretty picture. Dutchess County residents are facing extraordinary financial challenges. People are losing their jobs in record numbers and many are losing their homes to foreclosure. Local property taxes continue to rise while New York Stateís income taxes rank among the highest in the nation. Dutchess County residents are now even paying taxes to support New York Cityís MTA!
This is no time for the fiscally strapped taxpayers of Dutchess County to be borrowing $30 million for a new BOCES facility. Quite simply, itís the wrong project at the wrong time.
For more information, visit http://www.nobocesbond.com or send an email to [email protected]
#2 Nov 22, 2009
Take a look at the state audit......and then tell me you would trust them with any money, let alone 30 million. When it comes time to cut deep there's the place
#3 Nov 23, 2009
That's why it is essential that you and the rest of Dutchess County get out there and vote this down on December 1st! Spread the word around. Vote NO on December 1st.
#4 Nov 26, 2009
Why does you website ( nobocesbond.com ) lack a disclosure of the people behind it. Aren't you really the owners (or paid by the owners) of the current BOCES building fearful of losing your $1m rent?
If there is nothing to hide, post information about the organization on your website.
#5 Nov 27, 2009
STRANGE THAT THE 4 COMMENTS ARE NOT COMMING FRROM DUTCHESS COUNTY RESIDENTS
#6 Dec 1, 2009
Interesting how by surprise this news of a new bond issue for BOCES took me. And now I find my voting place would be...Webutuck High School? Interesting. I couldn't agree more, no matter who is publicizing negative aspects of this bond issue. Given the lack of local newspapers, there is no coverage whatsoever of this matter. So I am happy to be made aware that the government is again attempting, ever so surreptitiously, to reach into my pocket for even more bucks...and I have so few, since losing my job. I say VOTE NO! Horrible timing. And BOCES is huge and well-funded enough.
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