Wednesday, April 1, 2009

"nothing in here is frivolous"

Town Council will consider spending just over $1 million from free cash on capital items at tonight's meeting.

The 2009 capital plan came before the council a month ago, but councilors delayed making a decision until the winter and its costly snowstorms were finished.

Town Administrator Jeffrey D. Nutting and Councilor Judith Pond Pfeffer, who is on the Capital Planning Improvement Subcommittee, say now is the time to approve the $1,074,600 plan.

"The Capital Improvement Subcommittee blessed it, the Finance Committee blessed it...At this point, I think we should approve the capital items and focus on the 2010 budget," Nutting said.

Read the full article about the decision on the agenda tonight to approve the capital plan in the Milford Daily News here.

Note: The capital dollars can not be used for operational expenses. Using these dollars for these items is in the Town's best interest to continue their sound fiscal management practices.


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