Trust mayor and council with reserves
Recently you printed a personal opinion from Washougal City Council member Dave Shoemaker expressing his strong desire that Washougal not use its reserves.
I attend many of the Washougal City Council workshops and formal meetings and I have heard him express his concerns before. As a fiscal conservative myself, I support Mr. Shoemaker’s intentions but not his conclusions.
In the financial upsets of the last couple of years, I, like many others, have suffered a substantial setback. My savings (reserves) are considerably less than they were, but the fiduciaries still say I have years ahead of me. Not knowing the future, I am reluctant to spend without good reason.
Like Washougal City, I live in a well-built, but worn house. There are things that need doing – driveway repair, painting, a new furnace, a new roof. I could do all these and have little left over, or I could hedge my bets. Say for example, I had a leak in my roof. That little drip would run through my attic, wetting the insulation and wooden supports and then go into my bucket and dry up. Why worry? There is little chance of much rain before the middle of September.
The roofers, however, having slow business right now, would be happy to replace my roof – and at a discount!