Fiscal irresponsibility is nothing new to politics, or to either party. There's no better example of that than the US Senate outside of Jim DeMint and a few others. The house is slightly better, but still sucks. On the state level, Granholm's a dismal failure. So is the state house under Dillon, and the State Senate didn't get its act together until Sikkema was termed out and Bishop took over.
Even some municipalities in Livingston County have their troubles. Brighton and Howell schools. City of Howell's "cityscape" and roundabout plans. They are listening too much to big city counsultants.
But one municipality has it right and has set an example for the rest of the country. Brighton Township, a conservative republican bastion here in Livingston County.
From the Argus
Brighton Township was able to do something most communities can't in this poor economy.
It knocked off a big debt early.
Last month, the township Board of Trustees voted to take $1.6 million and pay off its Building Authority bonds early by 10 years. The township secured the bonds 10 years ago to expand and renovate Township Hall and build a fire station.
The result: The township will save $500,000 in interest payments and have $200,000 in additional funds annually for cash flow.
"It's always nice to get rid of debt," Township Supervisor Tom Murphy said.
He said the township is looking for ways to free up cash to prepare for problems caused by the crisis of declining property values. Over the long term, Murphy said, the township must be prepared to cover the delinquent portion of township taxes or special assessments if the county does not. He said this amount could be $300,000 to $400,000.
"If something bad happens, we're going to be OK," he said.
Murphy said the two previous township boards kept a close
eye on expenditures, which paved the way for the current board
to pay off the bonds ahead of schedule.
Prior planning prevents piss poor performance. Usually, I say that term after a lack of plan. This time, it's a compliment. Murphy and the rest of the board planned ahead, saw the troubles, and took action to prevent a worst case scenario. That's something rare in government. This was money otherwise going down the drain. If interest payments can be avoided without raising taxes, that's the best possible case of fiscal responsibility possible.
This is what happens when Republicans act like Republicans, and not like beltway politicians and their pork projects. These is real republicanism, and not George W Bush fiscal liberalism.