>Ridgewood’s manager offers a glimmer of hope about village budget.
Thursday, November 18, 2010
BY MICHAEL SEDON
The Ridgewood News
Staff Writer
The village manager recently revealed some positive numbers for Ridgewood’s budget heading into 2011.
Graydon Pool cut its 2009 losses nearly in half; the building department may finish the year in the black; and a number of other revenue generators are contributing to the gains, said Village Manager Ken Gabbert.
In 2009, Graydon’s expenses surpassed its revenues by about $192,000, but this year the municipal pool’s “losses” have been cut to around $100,000, Gabbert said.
The building department lost $153,000 in 2009, but could end the year with a positive $15,000, Gabbert said.
