Special offer

Fairfield Budget Referendum Falls Short

By
Real Estate Agent with William Raveis Real Estate - Fairfield, CT

According to the CT Post this morning, the petition for a Referendum on the Town Budget fell short of the required number of signers needed.  This Referendum would have asked for a reduction in the Board of Education budget for FY2010 of over $2 Million.  The budget currently includes a .32 percent or approx a one third of one percent increase over the prior year.

With the Referendum not passing, now all eyes turn to Hartford where the State Legislature is still debating.  Recent reports say they will very likely miss their June 3rd deadline for finalizing a budget.  Some even say June 30th is in doubt.  So this means that the State and every town & municipality may start the next fiscal year either unsure of funding or short on funding...this will impact Towns and Boards of Educations everywhere.

Our State Leaders really need to consider the impact for their inability to reach agreement on the people they serve.  Please keep your fingers crossed that they can work things out in the weeks ahead.

 

Thanks, Mike