GloucesterTimes.com, Gloucester, MA

Latest Cape Ann News

January 7, 2014

Correction / Clarification

The Gloucester Daily Times aims to be accurate. If you are aware of a factual error in a story, please call Times Editor Ray Lamont at 978-675-2705.

Monday’s lead editorial noted that the city of Gloucester had $4.8 million certified in surplus revenue for fiscal 2012, then another $4.2 million certified in free cash for fiscal 2013.

But while the editorial indicated that adds to a total of $9 million over the two years, city officials noted Monday that the money is not cumulative; portions of both surpluses were allocated for us by city departments.

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