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— News and commentary about elsewhere covered by Quincy Quarry News

 

Presenting the budget …
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Locally annual budget review and approval process is one of the two prime annual local political events and thus Quincy Quarry is proud to looking to be the first to exposé Mayor Thomas Koch’s proposed Fiscal Year 2027 budget to the public.

Prime among the annual sport is playing a manner of fiscal Where’s Waldo meets seeing through the koch and mirrors with what is foisted.

While Quincy Quincy News experts on its Financial and other affairs desk are only just beginning to follow the money, problems have already been spotted.

Following the money
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For starters, the mayor’s claim of a but  2.9% spending increase on the record statement is actually 3% given a rounding error surely but coincidentally favorable to the Koch Maladministration.

Up in smoke
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On the other hand, the Quarry’s financial quants would argue that Mayor Koch’s proposed FY 2027 spending increase is better seen as running at 4.23% or 4.43% depending on how one expects unspent budgeted funds will be reallocated to cover overspending on other budget items. 

For example, covering the cost of running $5 million over budget on snow removal last winter as well as a currently projected to run close a million and a half over budget in spending by the Quincy Fire Department given that fire department continues to run overbudget by upwards of around 5%  on average.

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