UPDATE: Tensions flared in Lubec as residents confronted town officials over a critical decision regarding the town’s share of the county’s debt, totaling $423,511.95. During a heated meeting on December 6, 2023, the Board of Selectmen proposed two options for voters to address the town’s financial obligations.
The meeting quickly became unruly, with audience members interrupting discussions. Chairwoman Carol Dennison was forced to bang her gavel multiple times to regain order. The urgency of the situation stems from a request for Lubec to prepay its portion of the tax anticipation note debt in 2025, which could help alleviate the county’s overall $8 million debt.
Residents voiced their frustration over what they see as a lack of accountability from county officials. Several audience members accused the board of mismanaging finances, leading to the current crisis. “It’s stupid, what you’re saying,” shouted one attendee, prompting a sharp response from Dennison.
“Are you calling us stupid?” Dennison replied, trying to maintain control of the meeting.
The county’s financial troubles are attributed to years of poor financial management, including significant underbilling to municipalities. As a result, the county is now seeking help from towns to pay down the debt. If Lubec chooses to prepay now, it could avoid interest on future bonds but would incur early withdrawal penalties from its certificates of deposit.
Selectman Mark Kelley highlighted a potential benefit: even with a withdrawal penalty of $8,000, the town could still save approximately $38,000 by cashing in a larger certificate of deposit. Another option discussed involved using smaller CDs and town reserve funds to cover the payment.
The Board of Selectmen plans to present two options to voters on December 17, 2025. A public hearing will precede a special town meeting, where residents will decide on the best course of action. The first option is to prepay the 2025 taxes, while the second involves prepaying the 2026 taxes, which would also include the current debt.
Concerns about the county’s financial management were echoed by Selectman Daniel Daley, who noted that the county’s Budget Advisory Committee has been working on solutions to prevent future debt accumulation. “Every little bit helps,” he stated, referencing potential recoveries through bonds held by former county officials.
As the meeting progressed, attendees expressed fears about the potential shutdown of essential services, including the Sheriff’s Office. “You just can’t talk,” Dennison admonished as voices rose in protest against the proposed options.
The urgency of this situation is palpable, as residents fear the ramifications of the county’s financial decisions. Many are demanding accountability and transparency from local officials, with calls for legal counsel regarding the wording of the ballot questions.
Before the meeting adjourned, the audience took a moment to honor John Rule, a local reporter who passed away on Thanksgiving Day. Rule was known for his dedication to covering Lubec and its issues, leaving behind a legacy of community journalism.
As Lubec prepares for the upcoming vote, residents are left grappling with the implications of their choices. The Board of Selectmen will finalize the options presented to voters, ensuring that the community has a clear understanding of the financial stakes involved.
Stay tuned for more updates as the situation develops in Lubec.
