Stay on a roll or become toast | AspenTimes.com
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Stay on a roll or become toast

Dear Editor:Aspen is on a bankroll. Its 2004 economy totaled $2 billion-plus. The city’s and the county’s combined budgets for 2005 exceed $170 million. Our resort has been on a roll since the early ’60s, when the combined budgets were around $500,000 and properties could be bought for back taxes.Aspen’s economy and tax revenues must keep on rolling if our Shangri-La is going to sustain spending on the good life. Some half billion dollars of new construction that are on the boards show that the public and the private sectors are betting on a bright financial future.The political and market forces that make Aspen a high roller will cause the high costs of living, working and playing here to rise even higher. Public fiscal policy is preparing for this with more expenditures on affordable housing and public transportation. Spending on the entrance to Aspen, the school, the hospital, CMC, the airport and city and county programs and projects will help to balance this growth.Conclusion: Add the Aspen Idea to the bottom line and see the unquantifiable value of living in a high, secure and scenic mountain valley grow. If this place doesn’t stay on a roll, it will be toast. Be brave comrades. KNCB MooreAspen


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