Hornsby council - i.e. the elected councillors and the 'support' staff of council office workers - have set about borrowing $27,000,000 to buy us a hole in the ground. They've set a special levy on top of our rates to make us repay this loan of theirs, which is currently estimated to be costing $4,000 a day in interest alone. But they're not using this levy to pay back the debt: instead, they're putting it into a 'special' account that they hope will bear interest at a high rate. They are now presumably meeting the $4,000 a day interest and also re-payng the debt bit by bit by thus 'investing' the $1,000,000 or so extra they have taken from us to date. Must be a very special account to be so productive, yielding nearly one-and-half million to meet the annual interest due on their $26,000,000 debt, and also coming up with extra money to begin to pay it back. Is that what the council wants us to think is happening?
Judy Hopwood, Hornsby MP, has taken heed of the very impressive work and tenacity of the Hornsby Quarrymen, and has decided to collect signatures to petition a Public Inquiry into the affair. Below is a flyer from the Quarrymen. After you've read that, please print out and sign the Petition. Get as many signatures as you can, then send it off to Judy Hopwood.
We'll be adding more information about this shire-wide problem in the near future.
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