York Community Center Revenue Bond Feasibility Policy

planned

A petition drive in York, Maine, proposes a policy requiring the Selectboard to evaluate whether revenue bonds could be used for large projects, including a future multimillion-dollar community center. The policy mandates a feasibility study to determine if a project can financially sustain itself through generated revenue, similar to toll revenue funding road construction. The goal is to protect taxpayers by ensuring projects can pay for their own bond costs through user fees or other revenues, rather than relying solely on property taxes.