On Nov. 4, voters in Maine will have six bond issues to weigh in on, totaling an estimated $61 million in principal and interest for Maine taxpayers. Before anyone checks “yes” or “no,” responsible voters owe it to at least themselves to be knowledgeable of the state’s level of indebtedness.
A great resource to become more aware is the “Maine Citizen’s Guide to the Referendum Election,” put out by the Secretary of State’s Office. You’ll learn that we are already paying to the tune of over $449 million in principal and interest on existing bonds.
And there is over $225 million in authorized but unissued bonds that we haven’t begun to pay interest on yet. Spend wisely, my friends.
Jonathan Tudor
Scarborough
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