Left In Lowell

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November 24, 2009

Finance Sub-Committee Meeting Tonight

by at 7:07 am.

Prior to tonight’s light-agenda City Council meeting, there isn’t a single Council motion, the Finance Sub-Committee will meet at 5:30 p.m . to discuss how to adjust the FY 2010 budget.

According to a Jen Myers’ article in yesterday’s Sun, the gap is about $264,000. But the key to balancing this budget are in the comments attributed to the City Manager, “…[CM Bernie] Lynch said the council will be asked to make a lot of housekeeping transfers to balance this year’s budget, with some revenues coming in at higher levels than anticipated and others tracking lower than projected. ”

On the CM’s portion of the agenda, the CC will be asked to increase the local hotel tax from 4% to 6%, which I believe they will approve. As for the local meal tax, that will be pushed back this year but I still the FY 2011 budget will force the new CC to seriously look at this revenue stream. Again what is an additional $0.75 when you spend $100 for a meal?

6 Responses to “Finance Sub-Committee Meeting Tonight”

  1. Elisha Bartlett Says:

    At tonight’s regular meeting, Councilor Kazanjian will ask for a suspension of the rules to entertain a motion, seconded by Councilor Lenzi, blaming the recent crosswalk accident epidemic on Manager Lynch. After much debate, a parliamentary challenge by Councilor A. Mercier, a couple of “that’s moving Lowell forward’s” by the Mayor and Councilor R. Mercier reading from a prepared statement regarding crosswalks even though the motion was not on the agenda and this is the first she has heard of it, the motion will be approved and sent to the Public Safety Subcommittee will it will languish in obscurity.

  2. Kim Says:

    An additional .75 on a $100 is absolutely nothing to me. I certainly would not spend my time or gas money to drive out of town for this amount. Now a new $800 computer with $50 state tax…hmmm?

  3. Right in Lowell Says:

    A meals tax is minimal compared to the the additional $275 I paid in sales tax on my car.

  4. Eleanor Rigby Says:

    The additional meals tax still keeps it under the tax imposed by “tax free” new hampshire. As for the hotel tax, Lowell has a hotel?

  5. Lynne Says:

    ER - No, no, it’s “Lowell has a hotel left?”

  6. tryin to stay anonymous Says:

    Courtyard Marriott on Industrial Ave East, if you were asking.

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