Andy Falvey on the 09/10 capital budget

Council candidate and former BOE member, Andy Falvey (R-3), asks questions about the 09/10 Capital Budget:



After Andy spoke, I asked Councilman Ecke to clarify how the Capital non-recurring fund is spent / used. Basically, it's a fund that typically gets $1,000,000 to $1,500,000 on an annual basis (via the nearly $100,000,000 operating budget). Then projects are covered with the fund. However, in a case like this year when assumed town revenues may be low... staff may hold back on various projects... essentially maintaining a balanced budget by offsetting lower-than-anticipated revenues with lower-than-anticipated expenses.

Tim White