Tag:

Budget

Danbury School District Looking To Fill More Than 80 Positions Danbury School District Looking To Fill More Than 80 Positions
Danbury School District Looking To Fill More Than 80 Positions A school district in Fairfield County is searching for qualified applicants as it looks to fill dozens of positions. The Danbury School District is both full and part-time employees for 81 positions, including teachers, coaches, substitutes, and support staff members that are available immediately. School officials noted that the jobs that are up for grabs are not newly created positions, and thus will not be a greater burden on the district’s current budget. Most are to fill vacant positions or to fill a job already accounted for within the current budget. Positions are available in thes…
Westchester Lawmakers Approve $2B Budget With Two-Percent Property Tax Increase Westchester Lawmakers Approve $2B Budget With Two-Percent Property Tax Increase
Westchester Lawmakers Approve $2B Budget With Two-Percent Property Tax Increase The Westchester County Board of Legislators has approved a near $2 billion budget that represents a property tax hike of 2 percent. Lawmakers approved the $1.9 billion budget on Monday, with the measure quickly signed off by Westchester County Executive George Latimer. (See video above.) The budget was approved by a 13-4 vote, with the support of county Democrats. Officials said that the tax rate increase is to help offset tens of millions of dollars in deficits that the county is currently operating against. There are no planned cuts to staff or service in the approved budget, which is con…
Westchester County Loses AAA Credit Rating Westchester County Loses AAA Credit Rating
Westchester County Loses AAA Credit Rating Westchester’s financial report card saw its credit rating cut one level by two prominent agencies. Westchester County was notified by S&P Global Ratings and Fitch Ratings that the county’s financial outlook has been downgraded to AA+.  Moody’s assigned Aa1 to Westchester, officials announced on Tuesday afternoon. The county has now lost its AAA rating - the highest ranking available - in each of the Big 3 rating agencies. Bloomberg News cited Westchester's move to "draw down its cash reserves to cover retroactive raises given to government employees" as the primary reason fo…