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Published 17 days ago

FinCom Recommendations All Debt for Boat

Summary by wanderer.com

The Marion Finance Committee voted on April 10 to rescind a prior recommendation that taxpayers vote at the May 13 Annual Town Meeting to split the financing of the town’s new patrol boat between $400,000 from debt and $400,000 from free cash. The committee then voted to recommend that the $800,000 boat be purchased entirely on debt that would be funded by the town’s Waterways Account. Finance Committee Chairman Shay Assad’s motivati…

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FinCom Recommendations All Debt for Boat

The Marion Finance Committee voted on April 10 to rescind a prior recommendation that taxpayers vote at the May 13 Annual Town Meeting to split the financing of the town’s new patrol boat between $400,000 from debt and $400,000 from free cash. The committee then voted to recommend that the $800,000 boat be purchased entirely on debt that would be funded by the town’s Waterways Account. Finance Committee Chairman Shay Assad’s motivati…

17 days ago·Mattapoisett, United States

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