Monday, November 23, 2009

Raiding the Reserves - Not a Sin!

When the Town Board made a decision to use $4 million dollars of the Town's reserve fund to offset a potential huge increase in taxes there was a great sigh of relief heard across the Township.


The Riverhead community was not ready for an outrageous tax increase (of possibly 18%) and needed to know that there was some relief in sight. Now $4 million from the fund takes a big chunk from the rainy day deposit but it will be up to the new Supervisor and Board to contain the spending and hopefully find new revenues at EPCAL.

A budget of under 4% (3.96) is a lot better than a double digit plan and we will support Sean Walter and his team. Lets see where they take us.


School Budget at 2.3%

A good number for the District especially since the Guv has stated that we should expect a large cut in state aid. The district superintendent says that they will be able to work around the expected 5% decrease in state funding. Of course the school district is not through! They still have that $123 million bond issue on the table (for expansion, new classrooms etc) and will drop the other shoe with a referendum early next year.


Crimes and Misdemeanors in the Capitol.

When Harry Reid (D-NV) writes a special amendment into the health care bill to give Louisiana an extra $300 million dollars (your dollars) just to be assured of the YES vote from Mary Landrieu (D-La), that is called bribery in most parts of the world. Possible exception: Washington DC.


Question of the Week

Why are so many Americans willing to camp outside bookstores all night in order to see Sarah Palin who won't arrive until the next day? I think I know.


Kimberly Alyn Tells it Like It Is





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