Monday, June 11, 2012

Dutchess County $40 Million in debt

You think Fishkill is bad? This is going to impact us even more. The Fund Balance is nearly gone and positions have already been eliminated last year and there was still a 6% tax increase. Going to be worse this year.

What's ironic, is that blame is going to the previous County Executive as "inherited" debt. Why the Double Standard when it comes to the President who "inherited" much worse?

POUGHKEEPSIE – Dutchess County Executive Marcus Molinaro will unveil a new initiative for public involvement in the 2013 county budget process at the session of the county legislature this evening.
Molinaro notes the county’s $40 million budget gap, which he inherited, must be addressed in next year’s spending plan.   He has assembled a team of county administrators to identify cost-saving measures in the current year.
“As we move forward we will have to outline significant decisions that are going to have to be made in order to confront the gap that I inherited as the budget condition moves forward,” he said.
Molinaro’s budget plan will be unveiled by his top administrators during the monthly county legislature session beginning at 7 p.m.  The meetings are webcast on the county website.

 http://midhudsonnews.com/News/2012/June/11/DC_budget_init-11Jun12.html

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