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Monday, May 26, 2003

NY Times: State Budget Woes

NY Times: State Budget Woes Impact Westport and Other Wealthy Towns Only Slightly
Todays New York Times takes a look at how ConnecticutҒs budget crunch impacts Westport and other towns in the gilded enclaves of Fairfield County.Ӕ Its finding not much.

In a story headlined ֓Times Only a Little Tough in Fairfield County, the newspaper said the stateԒs cities are holding their breath as they wait nervously to find out how much the states severe budget crunch will cost them.

ғBut here inside the gilded enclaves of Fairfield County, mayors and first selectmen are putting the finishing touches on spending plans that are only mildly different from years past, the newspaper said.

ԓThey never got much help from the state because of their affluent citizenry and super-size grand lists of taxable property, so now they are experiencing less pain than other cities.

The Times quoted Westport First Selectwoman Diane Goss Farrell as saying: “The wealthier suburban communities are less reliant on state funds.Ԕ

It added, Her town got only 1 percent of its budget from the state in good times, so the $107,000 or so she expects to lose next year is the least of her worries.Ӕ

ӒObviously, every loss is lamentable, she said. ґBut the money is not significant enough to throw us into a budgetary tailspin.Ҕ


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