Concord stands to lose $3 million

Governor Lynch's plan to confiscate local revenue sharing and use it to balance the state budget is meeting resistance at City Hall. Shira Schoenberg reports on how the Lynch Budget would hit Concord in this morning's Concord Monitor:

The city of Concord is falling deeper and deeper into a budget hole. City Manager Tom Aspell warned the city council this week that if Gov. John Lynch's proposed budget passes, the city would lose $3.2 million in state revenue. That loss would bring the total gap between expected revenue and the amount of money needed to maintain current service levels to $6.5 million, out of an approximately $50 million budget.

The amount of missing money is equivalent to the operating budgets of the recreation department, human services department and library combined, plus a good chunk of the city administration. And city officials have set a goal of not raising the property tax rate.