Community Corner
Costly Windstorm Forecast for FY15 Town Budget
January should prove an interesting start to the new year when Falmouth’s Town Manager presents the Finance Committee with the proposed budget for the next fiscal year. It’s well known that FY14 is the last fiscal year wind energy receipts support the curtailed operating expenses of the town turbines. Will the budget proposal in this year’s presentation include a $200,000 + subsidy from the ‘general fund’ to cover the cost of limited (and court ordered) operations of the turbines? I believe Mr. Suso was recorded in Barnstable Superior Court to have stated that a wind project obligation installment of $269,000 will be due July 1, 2014. As the country approaches another balancing act and another “Fiscal Cliff,” town staff will likely have to bust out their soft shoes and walk the high-wire in front of a community with many serious questions about ‘how we got into such financial ruin after so many state promises of certain success.”