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Article: Randolph warned of budget shortfall; Finance committee asks selectmen to call special town meeting
- Article from:
- The Patriot Ledger Quincy, MA
- Article date:
- September 14, 2005
- Author:
CopyrightCopyright 2005 The Patriot Ledger Quincy, MA. Provided by ProQuest LLC. (Hide copyright information)
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The Patriot Ledger
RANDOLPH - The budget year is a little more than two months old,
and already the town is running into money problems.
Chairman Arthur Goldstein told the finance committee last night
that lower than expected free cash and some other expenses have
created a deficit of $250,000, which could grow larger.
Barring any last-minute boost in state aid to the town, Goldstein
said "we have to revisit the budget because we have to balance the
budget."
The finance committee is asking selectmen to call a special town
meeting, with a suggested date of Nov. 7.
The shortfall represents a fraction of a percent of the town's
budget of $64.65 million.
In its revenue projections, the finance ...