>The “High” School Tax Bubble Will Burst!
The “High” School Tax Bubble Will Burst! Disaster is Ahead.Just like all the other economic messes we’re in, so will the high school taxes soon cause even greater problems. As noted, our ever increasing school taxes are causing everyone but the richer
school children families wanting to move out of Ridgewood. They simply can’t afford it any more! Paying for 1/2 million dollar Lights plus 2 multi-million dollar turf fields is not wise.
We should be saving money and spending it on academics.The same families that want the sports extras will stay until their kids are out of school and then leave for the Carolinas or other destinations. That leaves the rest of us paying “their” bills and newcomers will not come as easy once the tax rate hits “the roof” which it will in short time with all this reckless spending.THE BUBBLE WILL BURST like in the recent Mortgage fiasco because there will be nobody left to pay these bills we’re obligated for.
What then? “Bankruptcy”? Thank you Ridgewood BOE for your recent purchases of Lights and Turf. Whenwe run out of money we can at least play recreational sports until they are repossessed dueto default!
Lastly, regarding Superintendent pay, does anyone really think Dr. Fishbein is worth more than 1/2 his pay?I ask that seriously and respectfully. Adios Amigos!
