Friday, February 12, 2010
Lay on Macduff...
So the die has been cast, the Rubicon crossed or as General Custer so famously last exclaimed, "We got 'em boys!"
As expected the Select Board this morning rubber stamped the orchestrated package presented to them by the Budget Coordinating Group--albeit slightly less (looks like the Regional Schools cut their demands a bit, maybe by tapping the $1 million stashed in their E+D Account.)
Now the amount is $1,680,441 and it's a single amount, all or nothing lump sum with "allocations". And because it's a General Operation Override, it is FOREVER.
But yes, the following year the "allocations" are gone; only the tax amount remains--plus 2.5% of course.