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‘No’ in Johnsburg

Published: Wednesday, March 12, 2014 5:30 a.m. CDT

To the Editor:

Taxpayers, there is no such thing as a free lunch.

If you pay the bonds back, you don’t have to pay interest next year and your tax rate goes down. If you borrow money, you have to pay it back with interest if you want to borrow money again.

Concerning the Johnsburg School District 12 $41 million bond issue, I can remember when all four of the schools were built in Johnsburg. They plan on closing the oldest school and spending ($41 million?) on upgrading reasonably new buildings.

I think we as voters deserve a detailed spending plan showing what is to be improved and the 10-year cost savings. I think a “no” vote this time, and a maybe vote on the next election after March 18.

Walter J. Steffens

Johnsburg

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