Tuesday, October 27, 2009
Still sinking in a sand trap
So at Monday night's illustrious Select Board meeting our highly-paid bean-counter bureaucrats presented a how-we-doing budget analysis now that FY2010 is one-quarter completed.
(Naturally ACTV screwed up the live broadcast so us taxpayers have yet to see it, but I grabbed a PDF of the Select Board media package from the town website.)
Municipally owned and operated Cherry Hill Golf Course revenues stand at a pathetic $88,350 compared to $97,675 at this time two years ago. And expenses--you know that other half of the simple but important equation-- were $81,658 compared to $71,178 two years ago.
In other words revenues are down 9% while expenses are up 11.4%. Nice combination if you can afford it.
In the private sector when met with declining revenues we try to cut expenses. Last quarter, while millions of workers were laid off nationwide, about the only segment to show an employment gain was (BIG) government.
Be afraid. Be very afraid!
The Amherst Bulletin reported (but forgets to follow up)