December 22, 2010

City goes on spending spree with leftover school cash

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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Copyright 2010. All rights reserved. Contact Steve Collins at scollins@bristolpress.com

6 comments:

Anonymous said...

Wait till tax time and our taxes go up. Police cars so the CHIEF AND CAPTAINS haVE NEW CARS TO HIDE IN. This city needs a reality check.

Anonymous said...

Why don't they roll it into the next BOE year so it doesn't end up being a financial headache next year?

Anonymous said...

Well put: SPENDING SPREE!!!

What say ye Cockayne?????

Anonymous said...

Yes Virginia, there is a Santa Claus.
In Bristol, he goes by the name of Mize

Anonymous said...

You wacko's wouldn't spend a dime to help your community because your too cheap and only care about yourselves. merry Christmas to all you tightwad scrooges.

Anonymous said...

Good news! You KNOW you can cut the school budget by AT LEAST $2,000,000 at the Finance Committee level. Don't let former education executive John Smith talk you out of that.