Middleboro’s Gas & Electric commissioners have passed a $46 million budget – which is $2 million less than last year. The reduced budget, which takes effect January 1, 2012, reflects a 13 percent drop in revenues resulting from stabilized energy costs and rate reductions.
The $46 million budget includes $3.2 million in capital expenses, including $175,000 to paint the South Main Street office, which is a historic home; $26,000 for street light maintenance; $6,000 to cover the after-hours costs to turn on power that has been shut off; $95,000 for postage; $875,000 for health insurance; and $350,000 in uncollected rates.
Source: Enterprise News, December 15, 2011
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