On December 21, 2015

Killington economy: Revitalization in progress despite ongoing challenges

Dear Editor,

There has been a lot of wonderful activity going on in our town over the past few years, showing that despite setbacks (like Irene, and a major recession), we as a town have made a lot of progress since 2008 when we voted in the options tax in an effort to revitalize our town economically. Some of the most notables among these are:

The progress of paying down of the golf debt, which at the beginning of 2011 stood at over $5 million dollars and by the end of 2015 calendar year will be less than $3 million dollars total.

An increase in Summer tourism revenue dollars by over 50 percent by the end of 2014, over 2010 (as measured by the Q3 options tax) which will be even greater in 2015 with the addition of the resort’s adventure center.

Town beautification and the development of an extensive and ambitious municipal capital plan to improve and maintain the town’s resources and infrastructure.

A separate capital plan for the golf course, which is funded entirely from golf course revenues.

Adopting and implementing a Strategic Plan for our town to keep us focused on our most important goals.

We still face many challenges; a few of these are:

The firehouse needs replacement, and we have a committee diligently working on finding a cost effective, affordable solution.

The FEMA payments will come to an end by the close of this fiscal year and we need to address the cash shortfall created by our portion of the cost of the damages Irene caused (the ~20 percent not covered by FEMA or the state). Although we have paid those costs from our general fund, we did not in previous years raise taxes, nor specifically designate a source of funding for those costs. It is the Board’s intention to apply the balance of the undesignated funds against that FEMA balance, clearing that column (dare I say it?) from our books. And we will continue to work on the cash flows issues it created.

Finding a new town manager who will help us, as a town, move forward.

Finding affordable ways to best implement our municipal capital plan, which had been stagnant for many years, without overburdening the taxpayers.

Truth is, we will always have a lot of challenges; when we solve one issue another will pop up. Some of those issues may be the unintended or unanticipated consequences of our solutions; others will be due to the march of time, safety standards or technology (like the pool, safety services and vehicles). The most important thing though is that we must always look forward and not be afraid to plan for our future. We must look for every opportunity to improve and keep our economy growing, with the least financial impact. And we must be open to new ideas, and input from all.

(This letter is based on my impressions and are not approved of, nor have been reviewed by the full board.)

Thank you for your time and considerations,

Patty McGrath, Killington Select Board Chair

Do you want to submit feedback to the editor?

Send Us An Email!

Related Posts

School district budget woes are exacerbated by late changes

December 11, 2024
Dear Editor, Editor’s note: This letter was originally scripted as a message to legislators. As you get ready to go to work in Jan. I wanted to share the budget situation in our district.  Due to the penalty phase being enacted, we calculated that we would need to cut $2.5 million to stay under the…

Care Coordinators save lives and costs

December 11, 2024
Dear Editor, Is aging at home working for you? Do you have an advocate that checks in, helps find what you need, someone to talk over what going on? I do in Sharon. We have Dena, Health Care Coordinator, because 10 years ago a group us formed the Sharon Health Initiative (SHI), to get this…

End disability discrimination in general assistance hotel shelter

December 11, 2024
Dear Editor, The administration’s announcement that the discriminatory prioritization categories throughout the winter months will be used is not only inhumane; it does not follow the law, which created no such prioritization categories and states who is eligible for shelter on a first come, first serve basis. These “priority categories” deprioritize people experiencing homelessness and…

Vt eases access to food program for community college students

December 11, 2024
Dear Editor, Earning a college degree is challenging, especially for Vermont students who balance school, jobs, and family while working to put food on the table. Fortunately, a new policy change now makes it easier for Vermont’s community college students to access 3SquaresVT, the state’s name for the federal Supplemental Nutrition Assistance Program (SNAP), to…