A first look at the East Hampton School District’s proposed budget for 2012-13 on Tuesday evening brought Gov. Andrew Cuomo’s 2-percent tax levy cap up close and personal — to the tune of a possible $2.85 million gap.
Monday night’s Springs School budget workshop was dominated by the word “daunting,” as the board reviewed the potential gap between revenue and expenses in the proposed 2012-13 budget and discussed how the school might work within new constraints.
Is the glass half empty or half full? Reports presented from Suffolk Research Service and one of the East End’s real estate firms offer a nebulous view of whether the market is on the rise or still bouncing along the bottom.
Although there was some improvement from the third quarter of 2011 to the final quarter, there was little to no improvement over all over the fourth quarter of 2010, according to George R. Simpson, the president of Suffolk Research Service.
Renovations to restore a parking lot at the end of Lily Pond Lane at Georgica Beach, which was chewed up by Tropical Storm Irene, were presented to the East Hampton Village Board by Drew Bennett, the village engineer.