Town maintains its AAA credit rating from Moody’s

EH Town Budget Headed For Approval

A public hearing was held concerning the East Hampton Town budget for 2019 on November 1 at Town Hall. The final budget, at $80,717,380 is slightly over, by $55,000, what was originally proposed.

“We got the seal of approval from the state comptroller,” Len Bernard, who heads the town’s division of finance, told the board. He added that the town’s strong credit rating, AAA from Moody’s, will continue.

The budget needs to get final approval from the board by November 20, under state law. The East Hampton Town Board is expected to pass a final budget at its November 15 meeting.

The board voted to approve a motion by Kathee Burke-Gonzalez to add $5000 to the budget for the East End Special Players, a group dedicated to “enhancing the lives of learning-disabled adults through the theater arts,” according to its website. The increase brings the town’s contributions to the group for 2019 up to $15,000.

t.e@indyeastend.com