If the East Hampton Town Board adopts a recommendation put to it on Tuesday by its energy and sustainability advisory committee, then by Jan. 1, 2025, all new construction or large renovations in the town will have to be electric throughout. That includes heating and cooling systems, hot water heaters, and stoves. The action is intended to speed the transition from fossil fuels to green renewable energy sources.
Enrollment in the East Hampton School District is expected to decrease by 210 students over the next five years, a drop of about 12 percent from current enrollment levels. The analysis is tied to plummeting birth rates in Suffolk County over the last five to 10 years, particularly on the South Fork, where the rate is expected to remain low as the cost of housing suitable for families remains high.
A July 31 financial assessment and opinion issued by the Moody’s financial rating agency in advance of a debt sale by East Hampton Town determined that the town’s finances are “very healthy” and that “leverage and fixed costs are quite moderate.” Moody’s maintained the town’s Aaa rating, the highest it issues.
Two Republican Party fund-raisers will happen on the South Fork this week.
