Glenville Supervisor Frank Quinn said at the Wednesday, July 9, town board meeting that officials need to look at ways to curtail spending, from cutting police department overtime to conserving gas.
Quinn said the town is feeling the pinch of hard economic times, and if all the programs currently asking for funding are approved, the town could see a $300,000 deficit by the end of the fiscal year.
Despite those concerns, town administrator Tony Germano said Glenville does have an unreserved fund balance of about $1.6 million that they could consider if needed.
The town has received requests for a number of pricey projects, including street paving and Department of Public Works equipment upgrades.
Board member Valerie DiGiandomenico said she did not see the need for concern just yet.
We need actual numbers before we start worrying about a deficit that might not even occur, at least not at the number, said DiGiandomenico.
Development, especially of multi-family housing, has been growing rapidly in the area over the past several years. Retailers have also been increasingly drawn to the town. Lowe’s Home Improvement Store has plans to complete its facility next year. All of those improvements add to the town’s tax base.
Board member Chris Koetzle suggested that the board fund only those projects that are necessary, like road paving, because despite a possible deficit, some items needs to addressed.
`It comes to a point where you have to move forward with certain needs of the village,` said Koetzle. “