Wednesday, January 7, 2009

"not all the projects can be ignored even when money is tight."

Posted Jan 06, 2009 @ 10:37 PM


Town Administrator Jeffrey D. Nutting is recommending spending nearly $1.5 million on capital items this fiscal year, but that number would likely shrink if the state cuts local aid.

Finance Committee members started their review of the recommendations last night with the increasing possibility of cuts in mind. Chairman Jim Roche, for example, said he wants to avoid spending on items that would sit idle should officials have to cut staff.

He said it would be "foolhardy if we spend money on things that may be sitting empty or be better spent elsewhere."

The money for the capital items comes from the town's "free cash" account, essentially comprised of higher-than-expected revenue and unspent money last fiscal year, which ended June 30.

Some of that money could be used instead to cover deficits if Gov. Deval Patrick makes midyear local aid cuts, which he has said are possible. Cuts to next fiscal year's aid are even more likely.

Read the full article in the Milford Daily News here

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