Tuesday, October 28, 2008

Good news lost in the shuffle

We had a higher than expected tax levy thanks to new growth in our bustling little town. It amounted to something like $750K or more.

I know it's not popular among the bean counter hand wringer crowd these days, particularly in light of the "financial crisis" or meltdown or whatever to admit to good news for Auburn. Just how the credit crisis has directly affected the town I'm not sure it has. It's a little light of hope for us I think to have this found money, you can't deny it.

And thanks to the new software we enabled in the meeting it should be easier to track and exact taxes from new sources like this.

It was nice to be able to have a little breathing room for additional oil expenditure for schools and town, although it appears at least for the town we may not need it. It's a shame the contract for the oil price for schools wasn't one of those that go down but not up (which you pay a small premium over current price for). But still and all not bad to lock in to $3.30. Of course Massenergy blows that away right now ... somewhere around $2.50/gallon for consumers.

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