$600,000 shortfall to be addressed; Special town meeting voters to decide on remedies.
Position | LOCAL NEWS |
Byline: John Dignam
WEBSTER - Voters at Monday's special town meeting will be asked to address a $600,000 shortfall caused by overestimating revenues as well as to add $300,000 to the budget to cover utility and legal costs.
The meeting will be at 7 p.m. in Town Hall auditorium. It was postponed from Jan. 28 when not enough voters were present.
The state Department of Revenue in December refused to approve a town financial report, saying the town had overestimated the revenues it expected this year, which has delayed the setting of the tax rate.
Voters will be asked to transfer $300,000 from free cash, cut $207,133 from current accounts, and rescind some articles approved at last May's annual town meeting to balance this year's operating budget.
They also will be asked to transfer as much as $300,000 from free cash to replenish accounts for heating oil, gasoline, electricity and legal bills. Town Administrator Raymond W. Houle Jr. said last week the town would run out of money for the utilities about mid-March.
Another article will ask voters to rescind an article approved last May for $250,000 for a Town...
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