By 2g1c2 girls 1 cup

Banner

Order Classified or Subscription

Print Subscription

Order a Print subscription
  1. Please use this form to order a subscription to the print edition of the Duxbury Clipper. If you have an existing subscription your order will automatically start when the current one runs out.
  3. Subscriber name(*)
    Invalid Input
  4. Mailing address(*)
    Invalid Input
  5. City(*)
    Invalid Input
  6. Zip Code(*)
    5 digits
  7. Phone(*)
    Invalid Input
  8. Email(*)
    Invalid Input
  9. Length of subscription(*)
    Please choose subscription
  10. Special instructions
    Invalid Input

  11. Invalid Input
  12. All fields are required. We will contact only if there is a problem with your order. After you click on button you will proceed to PayPal page for payment. Your order will not be processed without payment.

Classified

Congratulations

Clipper classified order form
  1. Please use this form to submit a classified ad for the Duxbury Clipper. Your classified is published in our print and web editions for one low cost. Add our sister publications in Pembroke, Hanson & Whitman for an extra $6/wk.
  2. Name
    Please enter your full name
  3. Address
    Please enter your billing address
  4. Town
    Invalid Input
  5. Zip code
    Invalid Input
  6. Phone
    Invalid Input
  7. Email
    Please enter valid email
  8. Confirm Email
    Please enter valid email
  10. Classified category
    Invalid Input
  11. Headline (max. 25 char.)
    Invalid Input
  12. Enter classified here
    Invalid Input
  13. How many weeks
    Invalid Input
  14. Special instructions (if any)
    Invalid Input
  15. Help us prevent spam. Please enter the three letters below:
    Help us prevent spam. Please enter the three letters below:
    Invalid Input
  16. After you click on button you will proceed to PayPal page for payment. Mastercard, Visa, Discover and American Express all accepted. Your order will not be processed without payment.
  18. You do NOT need a PayPal account to enter your payment.

Latest

Most read

This week

This month

This Year

All-Time

This week

SEC-A-Page-01.jpg

iPad App

NEW! Get the full edition of the Clipper on your iPad.
(Free download)

eEdition

Don't miss our eEdition! The complete print edition in a convenient electronic format.

eBook

Read the Clipper on your eBook!

Special Sections

Letters

Letters to the Editor

Search

Town Hall

781-934-1100

Town Manager
Ext. 141

Board of Health
Ext. 140

Assessors
Ext. 115

Town Clerk
Ext. 150

Veterans' Services
Ext. 108

Council on Aging
781-934-5774

ZBA
Ext. 122

Planning Board
Ext. 148

Conservation Commission
Ext. 134

Bonds signing: an important story
By David A. Mittell Jr.   
Wednesday, September 26, 2012 09:16 AM

 Regardless of whether one favored building a new school, crematory, police station or addition to the fire station, one cannot but be grateful for the millions of dollars Duxbury’s AAA bond rating will save the town’s taxpayers in financing these projects. The recent bonds-signing is a good-news story, and an important one.
Of the 351 cities and towns in the Commonwealth, only 22 are able to boast a triple-A rating. This has little connection to Duxbury’s reputation as an affluent town. The rating has been assessed by Standard & Poor for the last four years (but not before that), based on strict criteria. Among these are the maintenance of funding reserves for all the things town government does, not using one-time revenues to balance annual budgets and not using borrowed funds to pay for depreciable items such as trucks.
It comes down to strong financial management. For the record, the town recently sold four bonds: $872,000 over two years for schematic designs; $2.6 million over 15 years for the crematory; $3.7 million over 15 years for the fire station; $6.725 million over 20 years for the police station; and $70 million over 25 years for the co-located middle and high schools.
Citigroup Global Markets, the winning bidder, is paying a $7-million premium for the privilege of doing business with the town.  This will be amortized over 25 years to reduce the total amount of borrowing. The AAA bond rating assures an interest rate of 2.61 percent and savings the town of $2.2 million.
John Madden, the town’s finance director since 2006, respects the fact that deciding the merits of capital projects belongs to voters. He sees his role as to provide good numbers and to expedite projects as inexpensively as possible. But his main job is to help manage the town’s finances year in and year out in a way that enhances good credit. According to Standard & Poor,  Duxbury is doing very well in this regard.
Mr. Madden is a Hull native who raised his children in Plymouth, where he and his wife still live. He has worked for other communities and is grateful to have landed in Duxbury. The feeling could be mutual.
 

Duxbury Clipper Inc. • 11 So. Station Street •  PO Box 1656, Duxbury MA 02331 • 781-934-2811 • Fax: 781-934-5917

editor@duxburyclipper.com • ads@clipperpress.com