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2019 Ramapo Finances Show Improvement, Town Enters Agreement to Sell Suffern Quarry for $5 Million

May 18, 2020 by helpdesk1

The town of Ramapo’s general fund budget deficit is reportedly looking trimmer these days. Ramapo Finance Director John Lynch says the 2019 financial audit, which was posted on the town’s website last week, shows the town’s finances are doing much better…

Supervisor Michael Specht says it’s hard to predict what 2020 will bring, as revenues during the COVID-19 pandemic are down, for example, without games or activities at the ballpark, however…

The town board also agreed last week to the $5 million sale of the Suffern Quarry to a New Jersey developer. That could be finalized this year and turn the town’s deficit into a positive.

Filed Under: News

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