Saturday, December 4, 2010

Voting "NO" on 2011 Budget

I will be voting NO on the 2011 Budget at the Dec 15, 2010 Meeting for the following reasons:

1) The 2010 Budget shows Year End Total Cash of $559,000 (see page 4 of 2010 Budget)
The 2011 Budget shows Starting Total Cash of $1,655,797 (also on page 4 of 2011 Budget)
Somehow our cash balances increased by $1.1 Million during 2010. Obviously the Revenues were not recognized properly in 2010 and yet we are continuing the $52 Local Service Tax unnecessarily to collect $67,000 . The Tax Happy Group on Council, Mrs. Amy Sable, Mrs. Jane Hopey, Mr. Richard Hartman and Tax Happy Mayor, Dennis O'Keefe are continuing this tax policy.
All of this information can be seen under "Budget" on our website.

2) The Lowries Run Bonds have been paid off this year and we are still carrying $103,480 in that account in the 2011 Budget.

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