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Archive - Dec 21, 2011 - News Article

Town and school officials begin budget process

December 21, 2011

SOUTH KINGSTOWN – At Monday night’s initial budget hearing between the town council and school committee, Town Manager Stephen Alfred painted a landscape where the town must prepare its proposed $74 million budget for FY 2012-2013 in a state facing an uphill battle.
According to Alfred, Rhode Island is lagging behind other states in its economic recovery after the 2008 recession. This year, the state will likely lose aid from federal programs due to the federal budget reduction mandates and continues to experience losses in taxable property value.

Source 
Southern Rhode Island Newspapers

Preview today's Narragansett Times

December 21, 2011

In today's Narragansett Times, find out about former Rhode Island Senator Patrick T. McDonald, who was arraigned this past Friday by Superior Court Judge Walter Stone, pleading not guilty to six felony counts, including embezzlement totaling more than $150,000 and conspiracy.

We also have the follow-up story on David Swain, who was arrested for drunk driving in Portsmouth early Sunday morning. Swain was recently released from his jail sentence regarding the murder of his wife in 1999.

Source 
Southern Rhode Island Newspapers

Curmudgeon's Corner: Real Estate market, not groups, affect property tax (OPINION)

December 21, 2011

wo weeks ago in a letter to the editor of this newspaper, the indefatigable Harvey Waxman criticizes yet again the property tax as the funding mechanism for municipal services.
Dr. Waxman posits that the “true goal of any municipal tax [is] that everyone pay their fair share in direct relation to a community’s needs.” He seems particularly hung up on the concept of periodic revaluation of real estate claiming that “with each revaluation
money flows from one group of owners to another group
completely unrelated to incomes, ability to pay or any rational measure.”

Source 
Southern Rhode Island Newspapers

 

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