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Germantown village president candidates clash on debt, development and transparency
Summary
At a Chamber forum, incumbent Dean Walter and challenger Bob Soderberg debated municipal debt, redevelopment of vacant commercial properties, tax increment financing, public safety staffing and the Village's planning process.
At a Germantown Chamber of Commerce forum, Village President candidates Dean Walter (incumbent) and Bob Soderberg discussed fiscal management, redevelopment of vacant properties and how the village should plan for housing growth and public services.
The candidates offered contrasting views on debt and development, with each describing different priorities for managing growth and village finances.
Dean Walter, the incumbent village president, emphasized Germantown's long-term financial ratings and borrowing posture, citing an independent report (Ehlers) that he said shows the village has a high bond rating and was at roughly 37% of its borrowing capacity. Walter argued borrowing is a routine tool to fund infrastructure — including the recently completed Department of Public Works building — and…
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