UA-8412995-1 The Southport Globe: 272M town budget OK'd after clash over contingency cut

Wednesday, May 9, 2012

272M town budget OK'd after clash over contingency cut

After an angry confrontation to cut the town budget's contingency account, the Fairfield Representative Town Meeting on Tuesday approved a municipal budget of $272 million for 2012-13.The approved spending package, which takes effect July 1, was cut $1.1 million from the budget recommended by the Board of Finance. The vote on the amended budget was 34-13.
The proposal by RTM Republicans on Tuesday to cut $850,000 from the contingency account was called "financial suicide" by the town Fiscal Officer Paul Hiller and prompted angry Board of Finance members to walk out of the meeting.
Tuesday's meeting was a continuation of the legislative body's annual budget meeting that began Monday night, when the RTM cut $250,000 from the Board of Education budget for the new fiscal year.
Abandoning a plan to make line item cuts in the budgets for individual municipal departments, Majority Leader David Becker, R-1, made the motion to cut the $850,000 from the contingency account, which the selectmen and finance board had beefed up to $1.08 million because there are still five contracts with union employees that need to be settled. The cut leaves the account with $238,517. READ MORE:

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