Photo: Patrice Garvin, Belmont Town Administrator With a combination of hiring and discretionary spending freezes, using the town’s free cash account (aka the fiscal piggy bank), and “kicking the can down the road” on capital projects and street repair, it appears Belmont just might be able to endure the anticipated collapse of local and state […]
Photo: Patrice Garvin, Belmont Town Administrator It’s ugly. And it’s likely to get uglier. That’s the first impression of Belmont’s town finances after initial estimates of the impact on the current and next year’s budgets by the COVID-19 pandemic, according to Town Administrator Patrice Garvin speaking before the Warrant Committee via video conference on April […]