“That was a bad vote,” Cronin said after the vote. “We have a lot of debt out there.”
The town is still paying off a municipal sewer expansion project from 10 or 12 years ago. While betterment fees were supposed to keep pace with the debt payments, many people paid off their betterments in a lump sum while refinancing their homes, Cronin said.
Instead of putting those lump-sum betterment payments into a dedicated fund, officials said the town spent it on operating costs. Now, sewer debt payments are higher than the revenues coming in from the betterment fees.