Mansfield town officials stated last week that Mansfield’s growth estimates during the 2012-2013 budget estimates were nearly accurate.
During the budget process, growth estimates factor in any additional income the town may receive from increases in property values, residents, businesses, etc.
Town manager William Ross said that, in most cases their estimates [made in conjunction with town accountant John Stanbroke, superintendent of schools Brenda Hodges and schools director of finance Edward Vozzella] were completely correct.
John, Ed, Brenda and I estimated 600,000 growth,” he said. “We received certification and our new growth in $778,000. John pointed out that we estimated for local revenues were in fact spot-on, a little conservative as well.”
The estimates were called dubious and unreliable by former Finance Committee members during the budget process and were the cause of some contention.
“There were some folks who questioned it,” Ross said. “We look forward to continuing in that direction.”