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.
Copyright 2010. All rights reserved. Contact Steve Collins at firstname.lastname@example.org