June 25, 2006

Fiscal 2007 Budget On-line

Go to the City Website (http://www.ci.worcester.ma.us), then hit "Reports and Plans" tab, look for "Budget Office" heading then open 2007 Annual budget. After you open it go to the section for "Enterprise Funds" and go to page 4.

The wording is kind of confusing but it clearly says that MassPort will fund 1.47 million with atax levy allocation of 1.59 million "to provide the revenue structure necessary to operate Worcester Regional Airport in fiscal 2007." In total the projections then are that the airport will, in fact, lose 3,060,000 million (1.47 plus 1.59).

We need to end this partnership and find someone to buy ORH.

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