CROTON MATH--EVEN BERNIE MADOFF'S ACCOUNTANT WOULD KNOW BETTER...CROTON UNITED

The following letter was published in this week’s issue of the Gazette.

To the editor:

What is 2 plus 2? That depends on whether you live in Croton, where creativity is a hallmark of our budgeting process.

That creativity only goes in one direction: to grossly understate the cost of a project. We have seen this for years, but recent examples include the Croton Point Avenue cost overrun, the disappearance of the Gouveia “perpetual” endowment, and the ballooning cost of the DPW building.

There are various reasons for these continuous budget surprises, including lack of foresight and wishful thinking. But sometimes the math is deliberately misleading from the outset. READ MORE HERE.