Press-Republican

Local News

April 10, 2013

Malone avoids layoffs

(Continued)

‘MUST CONTAIN COSTS’

But if the village keeps doing that, that rainy-day fund will be depleted in five years at the same time health-care costs are projected to increase, leaving the village an estimated $387,000 in the red before it even starts to work on the 2017-18 budget and stay under the cap, he said.

Hill warned that if costs are not brought under control, the state will come in and take over the village, using a fiscal-control board to balance the budget without input from local elected officials.

Email Denise A. Raymo:draymo@pressrepublican.com

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