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Dear Bob Cushman,

Thanks for bringing the facts to light.

Warwick taxpayers have a right to know how their Mayor is spending their tax money.

Your annual assets/liability breakdown shows the direction Avedisian has the City headed and my plan is to reverse that trend. Warwick has lost 5,800 taxpayers and 4,666 businesses in the last ten years (according to the U.S. Census and the Secretary of States office). I have a plan to attract more taxpayers and businesses. The added tax revenue Warwick receives from them will decrease taxes for the rest of us.

My report showed it from the taxpayers point of view. Yours shows the financial side. Your report shows that in the last ten years Warwick's assets grew by less than 1%!!! We could get a better rate of return in a passbook savings account! Our liabilities skyrocketed by over 248%!!! It's official. Warwick is flat broke and Avedisian is certainly the reason why. If we keep him as Mayor Warwick will fall into bankruptcy just like Central Falls, Detroit and the Coventry Fire Department. His solution is to just keep raising taxes. Obviously, that hasn't worked for 16 years in a row! I think we can agree that enough is enough and it is time for a change. We can't let him do to Warwick what he did as Chairman of the Board at RIPTA! (Rhode Island Public Transit Authority) EVERY DAY RIPTA lost $8,056 in assets. EVERY DAY RIPTA had their liabilities increase by $43,605 and EVERY DAY RIPTA lost $1,400 in income. That's EVERY DAY! That is why Avedisian earned an "F" at RIPTA. and another "F" as Mayor of Warwick.

Again Bob, thanks for presenting the facts so clearly.

Richard Corrente

Endorsed Democrat for Mayor