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Poor Little Rich Town

Sunday, August 17, 2008

It's getting tough for any town council to balance the budget these days. The usual culprit is a lack of strong ratables or loss of state aid. But who can East Hampton blame?

With perhaps more taxpaying billionaires than any medium-sized town, it's as hard to explain why East Hampton is up to its ears in debt. Almost as big a mystery as the The Montauk Monster.

The Huffington Post has the details and an extended forum of schadenfreude on the town's predicament.

from EcoRealty

Posted by Geoff Gove on August 17, 2008 8:41 AM
 

Montauk Monster and the problems with the East Hampton Mayor (and his budget) is all old news.

What people are talking about there are the Bridgehampton Polo this weekend @ Blue Star Jets Field, and the Bettina Werner Salt Exhibit in Watermill. (The artist creates sculptures and paintings using a colorized salt technique invented in the early 1980s by Artist Bettina Werner from Milan, Italy.)

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