Rothesay Mayor Bill Bishop tells CHSJ News a loss of $99 thousand and a lower than expected assessment rate will mean tightening in their upcoming budget.
He says this reduction may mean they have to re-evaluate certain projects including roadwork.
Quispamsis gets a substantial cut of over $240 thousand dollars and Mayor Murray Driscoll says it's new info so they will have to look at it carefully.
He says most of their funding comes from taxation so they will now have to examine what goes into the budget.
Driscoll says his town's budget will be ready for a vote in December while Bishop says Rothesay is finalizing their budget and it will come up at their next meeting on the 10th.
