A surplus in last year’s school budget is making it possible for the city to buy police cars, a fire track and a host of public works equipment.
The Board of Finance unanimously agreed Tuesday to dip into the $1.4 million surplus created entirely by the school system to pay for long-delayed and much-needed vehicles and other equipment.
Comptroller Glenn Klocko said the spending will shave a quarter mill off the property tax rate for the next fiscal year.
“It really helps,” said Rich Miecznikowski, who chairs the city’s finance board. Read the entire story here.
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