Saturday, November 26, 2011

Suffolk Legislature Approves Budget
The Suffolk County Legislature has approved a $2.7 billion dollar budget for the county.  Supervisor Levy tried to ax some 700 county  jobs to hold down expenses but this has been reduced to just 88 jobs.

A new way of paying out-of-county tuition costs will now be the responsibility of the Town.  For example students residing in Suffolk and attending a community college in Nassau are charged an out-of-county tax by Nassau.  Until now this tax has been paid by Suffolk County.  These taxes will now be paid the towns.

New Riverhead Bond Issue
Riverhead Town will issue a $22 million dollar bond to pay for repairs and maintenance throughout the Town.  The bonds will be rated at Aa2 very close to the AAA rating.

Wilkinson is the Winner
East Hampton Supervisor Bill Wilkinson (R) has been declared the winner in the race for Supervisor.  A recount confirmed his win over Zachary Cohen (D) by a small margin. (Wilkinson 3403 to Cohen 3388 votes).

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