Contingency Budget Needs to Cut $3.6 Million
Emotions ran high at the special public meeting of the board of education held June 28 to cut $3.6 million from the first failed budget of $108,813,333. Reductions had to be made to bring in a state mandated contingency budget in an amount of $105,124,622. The state law reads that the contingency budget is capped at the lesser of (1) the results obtained when computing 120 percent of the consumer price index (CPI), or (2) four percent over the prior year's budget. In Port's case, the CPI formula was the lesser of the two.
Councilman Pollack Proposes Off-Street Parking Legislation
Councilman Fred L. Pollack announced that a public hearing will be held July 19 for his recent proposal to work with local businesses to protect public land. This amendment to the town code would include a modest annual fee for a variance from the Town's off-street parking requirements. Revenues generated by this measure would go directly to the Town's Environmental Trust Fund. This fund was established in 1996 as a public-private partnership to protect open space.
On the Bay
Hercules, the German Frers maxi yacht that George Coumantaros donated to the U.S. Merchant Marine Academy, has had a busy sailing season since it was commissioned last May. When Vice Admiral Joseph D. Steward, Superintendent of USMMA read Commissioning Order to Captain Eric Wallischeck, which said, in part, "It is required that no time be lost in carrying the ship into deep water...", the Midshipmen took the command seriously, and have been racing her in venues far and near.
Feels President Not Facing Reality of Iraq
Changes in Band Shell Concert Due to Defeated Budget