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HomeMy WebLinkAbout2016 Budget Discussion SCOTT A. RUSSELL Town Hall, 53095 Route 25 SUPERVISOR P.O. Box 1179 Southold, New York 11971-0959 Fax (631) 765-1823 Telephone (631) 765-1889 OFFICE OF THE SUPERVISOR TOWN OF SOUTHOLD FOR IMMEDIATE RELEASE Date: October 21, 2015 Contact: Southold Town Supervisor Scott A. Russell Re: 2016 Town of Southold Budget Discussion with Residents 2016 BUDGET DISCUSSION The public is encouraged to attend an informational meeting with Supervisor Scott Russell and Town Comptroller John Cushman to learn about the proposed $43 million 2016 budget as well as the budgeting process. The meeting will focus on the content of the proposed budget, anticipated revenues and expenditures as well as the reason for the proposed .56% budget decrease. In addition there will be discussion of the New York State mandated tax cap and its relevance to municipal budgets. th While there will be a public hearing on the final budget on Wednesday, November 4 at 4:00 p.m. and 7:00 p.m., this is an educational meeting to inform the public how the budget is developed along with historical policies relating to the fund balance. Comments and questions are welcome at the meeting. Tuesday, October 27th at 6:00 p.m. in the Town Hall meeting room. For information, contact the Supervisor’s office at 765-1889. ###