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Legal notices Ststement of Mevenuss, NORTHPORT, NEW YORK FRCAL YEAR PNOED JUNE 30, 2008 **\Umera Pund Expendiiures And Changes in Fund Balances For the Year Ended June 30, 2005 Rem property laxss sex ikea Charges fos services Use of moray and property M:scocianequs Pupi trans portzt.on Community Service Employte BeneLis Dsbt gervice Principes negprest Tota Lapenditurms Excess (Deficiency) of Ravenuas Over Expendctures OIHER FINAKCEG SOURCEA AND SSS Procmads from debt Ocernting tranajers in GOperating dout) Total Other Sources (Uses) Eicras (Doficiency) of Revenues And Otter Sources Over Exgenditurea And Other (Umes) F uns Be'arces- Begimrung of Year f Cranges in Fund Ratance Balzncss of Your *' General Fund Balance Sheet June 30, 2005 Town supervisor: Frank Petrone Our support of Huntington Town Supervisor Frank Petrone is specifically based on his wise economic investment decmions and his leadership on housing and ilegal immigration that should pay off in the tong run for the community. With an economic climate of low mortgage | interest - rates | admittedly working to his advantage. Petrone has made good on his promise to stahilize taxes. The supervisor and town board have kept the general fund budget down His decision to keep a robust rainy day fund that now amounts to $30 million or more helped the town avord tax increas- es despite skyrocketing costs for insur- ance and health care, garbage disposal and reurement and pension benefits. Republican challenger Legislator Allan Binder has criticized the bulk of the rainy day fund, saying that it's only a sign that the town has overtaxed. We admire Binder's conservative approach, but are not taken with his pledge to return some of the rainy day fund to taxpayers. A $30 million rainy day fund represents a mere 16 percent of the current $183 million operating bud- get and is not unusual compared to other towns. such as Brookhaven, whose reserve fund represents about 30 percent of its budget. Putting comparisons aside, Petrone's fiscal approach has worked for Huntington. The bond rating is up. which doesn't simply make the town look good and bond companies happy: it saves taxpayers money on interest rates associated with bonds already passed. It also eliminates the need for bonds and budget hikes when emergencies arise. Petrone and town board have taken steps to invest in the community through the Take Back the Block pro- gram, whereby the town helps absentee landlords interested in selling their properties to work with Long Island housing groups and the town as both endeavor to create affordable housing. The hinng hall in Huntungton Station was also a smart move as a long-term investment in the community. Rather about what federal agencies should have U 00.108 ame saszee done, the town has stepped up to the plate. While hiring halls spend taxpayer money on the problems that have arisen through iilegal immigration and illegal contracting, hiring halls also offer a ben- \Naties is haroby glcen Oust the sittaire ut the anal that the a to acthin Dirgydive of ti gonaral munisipe low, tihe Seard af lidecation of the Peot Nortipert tinion Free Sahoo! Shigtrigt for tive wwmsmumumammmwuumflm totter progarad in withthe sutornst pugdh by the infopendunt public neveuntant nium hess fiedin my allied where t is as a public recerd fur inspratian by sil interested porvene. Purgcant Narthpart-least Nacthgart | Free Sumac! Digtict imgyin iis dilacrolion, progere i writin in the wonagetent itler by Te Indupendent public somuntant sud Sis any vouh responce in uy offen us a poblic record for innpostion by alt interacted purssan not tousr thas 1¢ days ular Navembar $.: 982 11/03 1x tn efit: they can facilitate the documenta- tion and legalization of those day labor- ers who are here illegally and make them and their employers contribute to the tax base and ensure that they are legally housed. We hope to see Petronc's leadership on these issue continue for another term. Town board: Capodanno, Besen We support Councilman | Mark Capodanno (R-Centerport) and Stuart Besen, a Democrat from East Northport, for their contributions to the East Election 2005 Candidate endorsements Northport community. which we would like to see them further in other areas of the town. Capodanno and Besen co-founded and subsequently served as presidents of the East Northport Chamber of Commerce. Under their leadership and through the continued efforts of the growing number of chamber members. the Larkfield Road area has been uni- fred. beautified and revitalized Capodanno, despite a primary that splintered Republican nonunations ear- lier ths year. still managed to walk away with major support from his party Not only is he one of the most well- rounded town board members. but he's also the candidate with most wide reaching influence. His range of expen- ence as a parent, teacher. businessman. former chiropractor and planning board member gives him local influence and insights. As an advisor to the U.S Military Review Board, he also has sway in decisions that impact national security and veterans' affairs. We commend Capodanno for his strides to protect children through his recently adopted bill restricting convict- ed sex offenders from living within 1.000 feet of a school. Although the town law does not have much teeth for enforcement and is not a fail-safe pro- tection, perhaps it will pave the way for the state's enactment of stricter criminal penalties for sex offenders. It will also raise public awareness. Stuart Besen is one of The TIMES of Northport & East Northport's \movers and shakers.\ He has innovative ideas and has proven himself through the hus work with the chamber, from launching the East Northport Festival to helping obtain county and town funding for revitalization. As a result, vacancies in the hamlet have diminished. Besen would be an asset in the planned revital- ization of Huntington Station. Besen also has shown himself to be an environmental and community advo- cate, doing the research and community outreach that ultimately prevented purchasing the Mohlenhoff property. which has been slated as a groundwater protection area, for intended use as a bus depot. ' What we would like to see from both candidates, should they be elected, is leadership in opening town issues to more public discussion and debate. 16th district: too close to call Republican candidate Frank Gargano and Democratic candidate Steve Stem \ bring a lot to the table. If we didn't know they were nunning on opposing tickets, we might not be able to tell them apart. Both are Dix Hills attorneys, both have stated their opposition to big box store development, citing concems for traffic congestion and the undermining of envi- ronmentally sensitive land, both oppose Broadwater, support a reduction of the energy tax and- espouse fiscal conser- vatism at the county level. Both have also accused each other of suspect dealings Continued on page A19 CC
