Thursday, February 15, 2007

FITCHBURG NEWS: Digging Into The City's Free Cash Account

The Twin Cities Mass Daily News Blog, also check Leominster MA Real Estate

Fitchburg MA and Leominster MA Events News.- Mayor Dan Mylott decide to use the city of Fitchburg free cash account to pay some city debts and contracts, where the Finance Committee vote on Tuesday to approve the spending of $105,000 to pay for a contract agreement with the firefighters' union. Hey you have to pay your debts, plus is about time Mylott start taking Fitchburg off debts...

Some councilors wer worried about using to much of the free cash account budget which is holding $250,000 at the moment. Which they think would be in zero before the end of the year. Mylott said that he understand their concerns but he said "we have to pay what we have to pay"

Also, Mylott said that all this may result in layoff during 2008. The only departments that will not face layoffs are the Fitchburg MA Police and Fire Departments.


1 comment:

  1. Anonymous3:31 PM

    Is good that Mylott wants to pay the city of Fitchburg debts but he may need to do a good look at his moves and manage the free money account as smart as possible...



    Luis Galarza
    The Make Money At Home Blog

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