On March 7, 2017, the Town
Council voted to amend SEC. 86.1, Fund Balance Policy, to reflect a new way of
computing the 12.5 % requirement. This
12.5% is supposed to ensure the town has sufficient funds to operating in
emergency situations. However, any excess
over the 12.5% can be used for other needs with the approval of the Town
Council. This new creative accounting policy freed up
approximately $1.11 million dollars.
So, what is the Town going to
use these funds for? According to the
Town Manager, Diane Barnes, at the March 21, 2017 Town Council meeting, these
funds will be used to cover excessive spending by the Town Council. Mrs. Barnes announced a 19.2% increase in
this year’s budget over last years. What
the Town Manager is doing is trying to keep taxes down by using the excess
unassigned fund balance. In other words, she is bailing out or
rewarding excess spending. This Town
Council has no clue how to manage money.
The ONLY way to reduce taxes
is to either increase revenues or REDUCE spending. That is a fact! The Town Council refused to reduce spending
by voting to keep the Lisbon Communication Center open instead of having the
Androscoggin County Dispatch performing dispatch for the town. The actual cost saving was $191.095.00
before the town started to distort the amount to make it look less than it was. After everything is done; this figure is
closer to $250,000.00.
In the Town Manager’s 2017-2018 budget is an
upgrade to the communication center at a cost to the taxpayers of $33,500.00. Had the Town Council closed the Lisbon Communication
Center there would be no need for this upgrade.
These Councilors should have had this information at the time they voted
on the Lisbon Communication Center. The
Town Manager, Diane Barnes, must have had this information all along. I also mentioned this to the Town Council on
numerous times so it is not like they had no clue.
The unassigned fund balance excess should never be
used to reduce taxes. You reduce taxes by increasing revenue or
reduce spending. Mrs. Barnes is
increasing the town’s operating cost by 19.2% this year but what about next
year? Where is she going to get the
funding to cover this 19.2 and whatever it will be next year?
This is caused by the people not paying attention to
what is going on and doing stupid things like reelecting a Councilor whom has a
history of wasting our money and who is a member of the “Good Old Boys” network. Chris
Brunelle was one of the driving forces behind the fight with the School over
their budget and again with keeping the Lisbon Communication Center open which
cost the community a lot. People need to
check their voting records before they vote for these individuals.
Now is the time to stop this madness before the Town
Council approves the 2017-2018 budgets.
Call your Councilors or attend the meeting and let you views known.
Larry Fillmore
No comments:
Post a Comment