Correction
Correction
In a story about the Board of Selectmenâs 2010-2011 budget recommendations in last weekâs Newtown Bee, some information about a previous budget amendment was omitted. This made the budget reduction percentages in the story incorrect. The story should have read as follows:
âThe Board of Selectmen this week approved and passed to the Board of Finance a proposed 2010â11 town-side budget that represents a 0.81 percent increase over the approved 2009 spending plan. If endorsed with no further action, the selectmenâs recommended budget that would take effect July 1, 2010, represents a $1,107,257 increase over the current amended budget for a total of $37,703,044.
âThis takes into account that the approved budget was reduced by $805,979 in January 2010 to reflect a decrease in revenues in the 2009-2010 fiscal cycle. While the adopted budget for â09-â10 was $37,401,766, the amended budget for â09-â10 is 36,595,787 or a difference of $805,979, the first selectman said, adding that the percentage difference between the amended â09-â10, and proposed â10-â11 BOS budget is 3.0 percent.â