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RALEIGH — Salisbury officials are “irresponsibly risking” taxpayer money on a $30 million fiber-optic cable system, according to a new John Locke Foundation Regional Brief. That system could force…

The City of Salisbury recently decided to build a $30 million fiber-optic cable system that will offer Internet, phone, and television service to Salisbury residents and businesses. The city is paying for this system with 20-year bonds.If the system cannot attract enough subscribers, city officials have stated that they will use an increase in property taxes of 9.5 cents per $100 valuation to fund the project.