Tag: Debt


Showing 5 articles.


The Dog Without Discipline: Inside Sherman's Uniparty

Sunday, May 10, 2026

Faced with a $50 million debt, Sherman's political establishment has merged into a single untamed faction. With the traditional Republican opposition acting as cheerleaders for the administration's spending, independent journalism remains the only check on municipal power.

Obfuscate, Spend, and Stonewall: administration's desperate, illegal scramble to hide the public ledgers

Saturday, April 18, 2026

With an $18 million budget referendum looming, the Sherman administration is actively stonewalling state FOIA requests to conceal the reality of a $50 million debt bomb. Inside the $1.16 million fiscal shell game, disappearing cyber-insurance, and a decade-long executive salary surge.

The 7% Selectman: What Sherman’s Glossy Budget Mailer Didn't Tell You

Saturday, April 11, 2026

A forensic look at the town ledgers reveals hidden executive raises, phantom funds masking explosive debt, and a $1.16 million illusion designed to kick Sherman’s financial reckoning down the road.

The Illusion of Stewardship: Bankruptcies, Budgets, and Sherman’s $42.8M Trap

Saturday, March 14, 2026

A local administration manufactured a public safety panic over a drone. The real threat, however, lies in the town ledgers—where years of deferred maintenance and a hidden $2.3 million surplus quietly laid the groundwork for a generational tax burden.

The Cost of Denial: Bankruptcy, Blue Tarps, and a $42.8M Crisis

Tuesday, February 17, 2026

It began with officials denying obvious safety hazards. It escalated to crews frantically hanging blue tarps on a federal holiday. Now, as the $42.8 million Sherman School project demands more oversight, we uncover a troubling financial baseline: the First Selectman’s personal bankruptcy filing just weeks before his first election.