Submitted by Anthony Moor, Democratic candidate for Greenwich First Selectman
In a recent letter to the editor, (Duus: Democratic Candidate for First Selectman Wrong about Longer-Term Bonding, Oct 1, 2025) Mr. Duus’ claims about municipal bonding limits were mistaken. Connecticut law expressly allows towns to issue long-term bonds in certain circumstances, and other towns use these tools responsibly.
The real issue isn’t legal fine print, however. It’s how to finance overlapping capital projects, like the rink, GHS pool, and new school buildings, without overwhelming taxpayers. Borrowing carries interest costs, but the alternative is steep tax hikes or deferred investment.
What Greenwich needs most is honest, transparent, multi-year capital planning that aligns future projects with our capacity to pay. Developing such a plan is the First Selectman’s core responsibility, reflecting our community’s values and priorities. That hasn’t been happening. As First Selectman, I will bring that back.
Ultimately, the BET decides how to finance our needs. Any long-term borrowing requires a bipartisan vote and RTM approval. Yet for four years, Republican BET leaders have neglected even to review our debt policy. That’s not planning.
The Democratic financial experts running for the BET will work across the aisle to responsibly assess and determine our financing. Together we will deliver the prudent fiscal management you deserve.