Accounting 101

Dear Editor:

Your recent interview with "my good friend" Trustee Tom Caposella, underscores the problem of common sense and logic. He and his Trustee faction just don’t understand the facts: the accounting differences between variable and fixed costs.

Simply put, Sleepy Hollow’s five-year administration of Kingsland costs only about $20,000 per year.

That is the variable cost. The "cooked" numbers Tom and his followers spout are the fixed costs of our parks department, whether we run Kingsland or not. Basically, if we did not run Kingsland, we would still have those fixed costs regardless. There would be no savings.

Our parks people attend to all our parks and we use part of the old Kingsland bathhouse as our parks maintenance area … which we would have to give up and relocate somewhere else in Sleepy Hollow. Including the 1883 Lighthouse at Sleepy Hollow, we are talking about $20,000 to have control over one of this Hudson River’s magnificent parks. We built the popular dog run and the county rebuilt the comfort station.

Since 1999, when this administration returned to office, we have remade, extended, expanded and revitalized every Village park with the same workforce. Kingsland is a great asset and "my friend" Tom and his faction need to understand basic accounting and sound government practices.

Philip E. Zegarelli, Mayor

Leave a Reply

Your email address will not be published.

Recommended For You

About the Author: Philip E. Zegarelli