Friday, April 22, 2016

The auditors were in the building this past Wednesday, that is what the Advisory Board was told Wednesday night at their meeting. We were also told that there is a strong possibility of a deficit in the FY2013 books. The board was also told that in FY17, there is/was $509,759.00 of "new money" and of that amount, some $400,000.00 plus has been used up by four items; Health insurance, retirement costs, Monty Tech school district and Narragansett school district. Increase in state aid went to chapter 70 (education).

Jeff Bennett

2 comments:

  1. For sure there will not be enough money to run the Town. What to do ? Oh yes, raid the Fire Dept. funds !! Get rid of our Fire Chief and get that good old boy Bankowski back. That is the answer to our prayers !!!

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  2. You forgot to mention that it has costs us sixty five thousand so far for the auditor, and they want another 35,000. to get the job done, we hope.

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