East Hampton Town Board members agreed last Tuesday to slash $4 million from this year’s $68.5 million budget, while seriously broaching the topic of laying off employees for the first time.
The board considered a number of cost-saving measures after a presentation from Town Comptroller Janet Verneuille, who last week estimated that the town had entered 2009 with a $1.8 million deficit and would likely face an additional $2.3 million shortfall in revenue this year because of declining mortgage tax receipts.
“I don’t care how I come up with $4 million, as long as I come up with $4 million,” said Town Supervisor Bill McGintee. “That plan has to be in place by the end of the month. ... I think we need to shrink the workforce. If we can, do it... more
The board considered a number of cost-saving measures after a presentation from Town Comptroller Janet Verneuille, who last week estimated that the town had entered 2009 with a $1.8 million deficit and would likely face an additional $2.3 million shortfall in revenue this year because of declining mortgage tax receipts.
“I don’t care how I come up with $4 million, as long as I come up with $4 million,” said Town Supervisor Bill McGintee. “That plan has to be in place by the end of the month. ... I think we need to shrink the workforce. If we can, do it... more
and what is the unfunded portion of the pension liability for the PBA members? oooh, what a mess.
i say: special $100,000/year additional tax on homes over 6 bedrooms. Soak the rich!
School budgets are a separate kettle of fish. They've got their own separate budgets and own separate boards. Thanks for being industrious in your questioning!
family members. How do they show thier faces in public? This man is delusional. Hopefully the lay offs will only be for his friends that he created jobs for the the hard working folks of EH who need to pay their bills the honset
way not like the crook who is running or should I say ruining the town