Remember: Flag Day, June 14, 2009 Ad Populos, Non Aditus, Pervenimus Published Every Thursday Since September 3, 1890 (908) 232-4407 USPS 680020 Thursday, June 11, 2009 OUR 119th YEAR – ISSUE NO. 24-2009 Periodical – Postage Paid at Westfield, N.J. www.goleader.com
[email protected] SIXTY CENTS WF’s $1.3-Mil. Cap. Budget Allows Debt Repayment to Start By MICHAEL J. POLLACK 2008, Mr. Caruana said his committee, The $675,000 in road improvements Specially Written for The Westfield Leader through cooperation with department includes funds for the repair of the WESTFIELD – The town council’s heads, made a concerted effort to re- following roads over the next two years: finance policy committee presented a duce debt in subsequent years and not Woodmere Drive, Fairhill Drive, debt-management strategy Tuesday allow it to rise above the $18.7-million Harding Street, Irving Avenue, night that it said would allow the town figure. Grandview Avenue, Boulevard, Downer to continue the process of paying down In 2008, the town paid back $900,000 Street and Knollwood Terrace. its debt while funding capital improve- in principal on its debt while keeping In addition to these road improve- ments in the area of public works. capital improvements to the bare mini- ments, the budget also allocates Committee Chairman Sal Caruana mum at $225,000; this resulted in a net $205,000 in sectional paving for vari- and his committee have adopted a plan reduction of roughly $700,000, he said. ous parts of the following roads: Pros- whereby the town would make capital Starting in 2009, the town now has pect Street, Woodland Avenue, Rahway improvements in two-year cycles.