The position of our economy

The budget process has wound down. Ending with last weeks public hearing,the town board has worked hard to keep the tax levy at a manageable increase. With thoughtful regard we have tried to listen closely to your wants and needs which have been driven by your ability to adjust to the current economic anxieties, uncertainties, and realities. According to www.inflationdata.com, the consumer price index from September 2007 to September 2008 was 4.94 percent. From January to September of this year the inflation rate is listed as 3.65 percent. Weve kept the levy increase for the combined general and highway to 4.2 percent (For those two budgets the tax rate will actually drop by 50 cents per thousand but this is due to the recent revaluation). The process to establish the local development corporation continues: a certificate of incorporation has been filed with the Department of State, an initial board of directors meeting was held, bylaws were reviewed, and IRS rules and regulations are being addressed. As the country starts to rebound over this next period of time however fast or slowly that may be we ought to be in a position to promote our industrial park in the northeast corner of the town and thereby benefit our local economy. Knowing that when you share a problem you cut it in half, I encourage any of you who may be feeling apprehensive to consider taking advantage of some of the programs taking place here in town hall. A senior nutrition site operates every Wednesday and Thursday for a good lunch, some card playing, and visiting. A playgroup for children between the ages of 0-6 meets with parents and caregivers each Tuesday morning. And on Tuesday nights you can enjoy some dancing with the Saranac Hollow Jammers. How is it possible that the fourth Thursday in November is just two weeks away? Happy Thanksgiving. Joe Gerardi is the supervisor of the town of Saranac. His column appears regularly in the Clinton County Free Trader Today.

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