Fire chief pitches Marshfield meals tax in hopes of funding new fire station
06.10.11
After a series of hapless attempts to obtain funding for a new fire station, Marshfield’s fire chief has proposed a community-wide meals tax he hopes would generate enough revenue to contest his goal.
Chief Kevin Robinson has recommended establishing a hamlet meals tax of 0.75 percent, which would be levied in addition to the official’s 6.25 percent meals tax. The proposal will be voted on at the Oct. 24 unconventional town meeting.
Selectmen and the advisory board held a any hearing Monday night at the Furnace Brook Middle Nursery school to discuss the items proposed for consideration at the town engagement.
The revenue from the proposed meals tax, which Robinson estimates would be about $250,000 per year, is not specifically tied to edifice a new fire station. But the chief said his intent is to ask residents to first approve the tax, then ask them at the annual community meeting next spring to use the revenue to replace the aging Fire Place 1 at 21 Massasoit Ave.
Robinson said the town’s principal budget committee has rejected his request to fund a new place – at a cost of $1.4 million – every year since 2004. The existing station was built in the cock's-crow 1900s and is no longer a reliable emergency-response center, he said.
Source: The Patriot Ledger
Bangladesh raises petroleum product prices by 6-19% to cut BPC losses
19.09.11
BPC's losses have mounted recently due to the rising outcry for
petroleum products. So, with the latest hike, BPC expects to restrict its
annual losses by Taka 35 billion, Ali said.
Meanwhile, in defiance of the hike BPC will incur a loss of Taka 20/liter on
the purchasing of gasoil and kerosene and Taka 7/liter on furnace oil.
Officials said the latest hike in gasoline prices will also remedy check
smuggling to neighboring India and Myanmar.
They, however, feared that the hike might propel up prices of food and
transportation at a time when inflation is at double digits. The price hike
will not impress farmers as the government plans to give them a cash subsidy
for diesel to be second-hand for pumping water to the farmland, they said.
Officials said the regime had decided to hike the prices four months
after the previous hike on May 6, 2011 as multilateral benefactor agencies
including the International Monetary Fund had suggested adjusting the prices
of petroleum products
Source: Platts