Superior Court Judge Brian Stern’s order liquidating the Central Coventry Fire District describes the crisis the district is in very succinctly…
The yearly operating expenses of the fire district were far in excess of the amount of funds that was being generated by taxes and other fees. The board had created what can only be described as an elaborate Ponzi scheme to hide this from the taxpayers, which resulted in a multimillion dollar structural deficit. A twenty, thirty, or even a fifty percent increase in taxes would not even resolve the entire structural deficit the board had created at the time.
Full detail on how the district got into this position, is in the main post.