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Posted by Jane Cody

Less Revenue means Less Spending: Time to Cut the Budget

No one is immune from the recession.  Prudent fiscal policies dictate that expenditures should decline as revenues have declined.

Harvard gets it: The New York Times reports that Harvard that the Faculty of Arts and Sciences cut $75 million from its budget. Student services including shuttle bus service, team sports and breakfast menus are affected. See the full NY Times article. 

Greenburgh gets it:   ” Supervisor Paul Feiner will be meeting with all employees at Town Hall, the highway/sanitation/repair shop/police department/water department, Theodore Young Community Center , Parks department and Library prior to the submission of the 2010 budget to obtain feedback re: ways to cut costs.  Sales tax revenue is down significantly (almost 10%), mortgage tax revenue is down by $1.2 million. Grievances that were filed resulted in a loss of almost $8 million dollars. To offset these revenue reductions, we need to make cuts in the 2010 budget.”

Now, the question is: does the leadership of the Hastings schools get it?

What do you think?  Click on the comment button below to share your thoughts. 

Posted by Jane Cody

A Dubious Distinction: Westchester Tops the National List for Real Estate Taxes

“Of the 10 counties in the country with the highest median property taxes, every one is in New York or New Jersey.”  And Westchester is number one. Read the full article in the Oct. 4th issue of the New York Times, based on U.S Census Bureau data.

Posted by Jane Cody