What Warwick owes
To the Editor:
Taxpayers of Warwick: On Dec. 15, 2011, my letter to the Warwick Beacon asked this question: Can anybody in this city of Warwick please tell us, what is the total funded and unfunded debt of Warwick? Well, it is seven months later and there has been no answer by those who should know. Their silence is deafening and understandable.
Dear overburdened and financially abused taxpayers, here is my best estimate that represents the total exposure, which is the debt and unfunded obligations for all the departments in the city of Warwick. In my opinion, the figure is approximately $857,635,000.
Please turn off the lights before getting on Route 95.
Eugene A. Nadeau