In the past year and a quarter, East Hampton Town has kept spending down, reduced costs, and accrued surplus in its various budget funds, Len Bernard, the town’s budget officer, told the town board last week.
In a report on the town’s financial affairs in 2014 and 2015, to date, the town’s Finance Department credited “prudent and conservative budgeting and close budget monitoring” throughout the year.
“A large reason for our good fund performance is because we spent less than we budgeted for,” Mr. Bernard told the town board.