October 5, 2009 Town Board Meeting

The tentative 2010 budget was presented to the board. Mr. Runion appears to over estimate sales tax revenue by at least $400,000. No plans are being made to prepare for a big jump in pension payments in February 2011.

Some key discussion points:

Councilman Redlich contended the increase in the town’s pension contribution would be in the area of 50 percent in February 2011. Both Supervisor Runion and John O’Mara, town fiscal officer, said the increase would not be anywhere near that. Mr. Runion said a 20 percent increase would be his estimate. In fact, 50 percent is the correct range.

When asked what was being done to address the looming pension increase, Mr. O’Mara said, “Well. This is 2010. We’ll worry about 2011 when we get there.”

Supervisor Runion also conceded no line items exist for $140,000 in projects he has recently submitted to the board. He said no money had been spent from the contingency funds this year. He said the money for the projects might come from contingency funds, either in 2009 or from the 2010 budget.