Waterbury, Vermont Loses Revenue in Prison Closure
Waterbury, Vermont Loses Revenue in Prison Closure
The closure of a state prison in Waterbury, Vermont will cost Waterbury to lose an income of about $43,000 a year. That is a major item for a village with a projected 2013 annual budget of $485,645.
The annual payments to Waterbury were to compensate for public safety costs associated with the prisoners. The prison came to the village when part of the Vermont State Hospital, which is located in the state office complex in Waterbury, was converted into a women's prison.
This thrifty arrangement came to a close after Tropical Storm Irene damaged the office complex, prompting the state to relocate most of its Waterbury functions, including the state hospital and associated women's prison, to other locations across the state.
Most of the money, $36,802, went directly into the village's coffers while another sum was split between the village and the town. Now, without any prisoners and attendant public safety expenses, Waterbury will not receive any money for that purpose from the state.
Waterbury took another economic hit when businesses that depended on state workers who were formerly employed at the office complex closed.
Source: www.timesargus.com
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