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Comptroller: City revenues stronger than expected; Board of Education deficit still requires fund balance
Summary
Comptroller Diane Waldron said Tuesday that Bristol’s general fund revenues are running higher than previously projected while expenditures are being closed out as the fiscal year ends.
Comptroller Diane Waldron said Tuesday that Bristol’s general fund revenues are running higher than previously projected while expenditures are being closed out as the fiscal year ends.
Waldron told the joint meeting of the City Council and Board of Finance that assessor audits and current tax collections have produced several hundred thousand dollars more than expected and that building permit and conveyance fees have already exceeded last year’s totals. “My deputy treasurer had given me an estimate of 2.8 through the end of the fiscal year,…
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