Thanks anonymous. Click here:
Start at page 112--it is about 9 pages long. Current debt as of July 1st, 2006, is $4,560,000--not bad actually. This debt assuming we took no other debt will reduce each year and be paid off by 2019.
The thing that I find the most interesting is that Worcester Regional Airport has a Five Year Capital Plan estimated at $22,950,000!!!! How are we going to pay for this??
"The five year capital investment program will continue to be financed using Airport Revenues, FAA grants, MAC grants and when necessary, tax levy funding."
Right now we are on track to lose the $1,000,000 per year from the FAA for not reaching 10,000 passengers and Airport Revenues??? I imagine "tax levy funding" means issuing more bonds. This is pretty scary...
Anonymous, there is no mention here , however, about the number of employees at ORH and whether they work for the City of Worcester or MassPort???
WRRB/Telegram District City Council Forum 10/18
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This forum is for all district council candidates; all candidates are here
today. Format: 14 total questions, 4 questions across districts (for all
candida...
5 months ago
2 comments:
Bill, found the info you're asking for. It is on city web site, under Reports and Plans. Select Budget, fiscal '06 or subsequent. Lists # of employees along with salaries, budget line items and projections in report from Waldron.
FY 2006- 6 Sec. guard crewmen costs 158K in salary
Fy 2007 - 6 Sec. gaurd crewmen costs 248K in salary.
A whopping 57% increase.
The reasonn for this is?
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