State of the City: Newton Mayor Stresses 'Critical Decision' in Override Vote
Mayor Setti Warren gave the annual State of the City address Monday night at Newton City Hall.
Mayor Setti Warren gave the annual State of the City address Monday night at Newton City Hall.
Mayor Setti Warren gave the annual State of the City address Monday night at Newton City Hall.
With just over a month to go before Newton voters decide on an $11.4 million override package, Mayor Setti Warren underlined in his State of the City address Monday night the "critical" choice residents face in deciding whether to support the proposed tax levy measure. "This is the most important State of the City [address] that I've given since becoming mayor," Warren said in an interview with Newton Patch Monday afternoon. "We have a critical choice in front of us as a community." Residents will head to the polls on March 12 to vote on three override questions that aim to improve infrastructure, boost public safety and help crowded classrooms. The override package will provide funding for additional police officers, a new fire …
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Janet Sterman
3:45 pm on Tuesday, February 5, 2013
Only 50c per $1000 valuation of your home... Wow, that's peanuts! So according to the financial wizards at Newton City Hall, thats a median override cost to earch taxpayer of $343/year! Well, what if you invested this mere $343 in a high-quality diversified portfolio of stocks and bonds at an expected 12% annual rate of return you would have over $82,000 in 30 years. That's WITHOUT Compounding (…   more ›