Posts in category Property Taxes

  North High Fund:   3 million Local Receipts:  2 million Self-Insurance Trust:    10 million We have more idea coming. Lets hope Councilors Gaffney and Lukes …

  Lets only hope Stephon Gilmore makes as big a come back this Thursday as the City Auditor did for this Tuesday City Council Meeting. …

  Past City Auditor Delsignore was always a voice of independence and stated his opinion on the numbers, and not the politics of the situation.  …

   When will we see the report from the City Auditor on the Self-Insurance Trust Fund? Will the DCU start losing money again with the …

City Council meeting watch Green Hill at 2 hours and 38 minutes for 4 minutes discussing moving the water expense from the Green Hill Enterprise …

Last week we pointed out how Green Hill could lose $500,000 this past FY17, a record, and that something has to be done.  Click here …

Congrats!!! Now lets focus on some issues:   What should we do with Green Hill? Do you think the self-insured trust is holding too much …

Here are the numbers month ending February 2017   Thru Last February we had lost 262,654 This February we have increased the losses to 347,280  …

  Inspired by Councilor Rosen, we will pose questions to Councilor Gaffney and report his answers back here.    What is the Local Receipts number …

Last year when the budget (FY17) was first rolled out, we here at the Worester Herald urged the City Council to review the Local Receipts …

  It has been bothering us for months, but let us take a few minutes to discuss our e-mails with Councilor Rosen regarding Councilor Gaffney’s …

  That is the headline from the Boston Herald .  Price tag estimated at $120 million….  Instead of wasting time (sorry) on trying to spend …

  Last Tuesday this went down to defeat 10-1.  Today we finally watched the video.   At about 1 hour and 54 minutes, Councilor Bergman …

What you need to understand is that the DCU has Revenues and Expenses.   Any shortage needs to be paid by the taxpayers from the …

Here is how it works: Beginning fund balance Add premiums from the City of Worcester and the employees Minus claims and all other expenses associated …

Why exactly then is the idea to reduce monies from the Worcester Self-Insurance Trust, that currently has over 3 months in reserves, that would provide …

2016 Comprehensive Financial Statements We initially had the gross amount on page 46 of 10,132,673 not the net amount of 7,633,894 page 46 total assets …

Click here to view their most recent Comprehensive Financial Statement.   Page 45   Net postion   48,779,000 Page 46   Total Operating Expenses  344,518,000 …

Click here to watch at 2:11:00   After watching we get the feeling that this may not go the way we recommend.  Alot more to …

  Last year (FY17)  you six made the right decision regarding North High and you saved the taxpayers $3,000,000.   You know that you did the …