Ex-Exec at Local Company Sentenced for Embezzlement
An ex-executive at a Middleborough company was sentenced Wednesday for embezzling around $30 million from the firm over eight years.
Chief Financial Officer
Ekstrom Appointed Acting Chief Financial Officer for New Bedford
City Auditor Robert Ekstrom has been appointed by Mayor Jon Mitchell to serve as Acting Chief Financial Officer, replacing outgoing CFO Ari Sky.
WBSM TV: 'Budget 101' With New Bedford CFO Ari Sky
Barry Richard welcomes in Ari Sky, Chief Financial Officer for the City of New Bedford, for a little "Budget 101" on a Friday afternoon.
City Finds Firefighter Funding
The New Bedford City Council will be asked Thursday night to transfer funds to cover the cost of 31 firefighter positions until the end of this fiscal year.
The request comes after funding from a federal SAFER grant ran out two months ago...
Bond Rating Holds Steady
The City of New Bedford has maintained its AA - bond rating. The announcement came from the Standard-&-Poors Bond Rating Service. Its the highest rating the city has received since 1970.
Chief Financial Officer Ari Sky tells WBSM News, the bond rating means New Bedford is paying lower interest rates when borrowng money. "W...
Overtime Costs A Concern
Overtime in the Fire Department budget is causing some financial worries at City Hall.
The overtime budget deficit is projected to be more than $1 million by the end of the fiscal year on June 30, 2016. Chief Financial Officer Ari Sky tells WBSM's Taylor Cormier, its not a new problem...
Energy Agreement Proposed
It looks like Siemens Energy will have a much bigger role in saving New Bedford some money beyond L-E-D streetlights.
The city is looking to enter into an energy management services agreement with the company, which would hold Siemens to whatever energy savings they guarantee...
City Ambulances Arrive
The City of New Bedford has acquired two new, state-of-the-art ambulances.
Chief Financial Officer Ari Sky tells WBSM News, the city has purchased two new vehicles in each of the past two years.
That added revenue says Sky, has helped to offset the cost of the new vehicles, saving taxpayers some money...
New Bedford Begins Five-Year Plan To Repair City Buildings
The City of New Bedford is planning to borrow $43 million over the next five years to repair city-owned buildings.
Mayor Jon Mitchell announced the program Friday during a news conference outside the former Vocational High School buildng on Hillman Street, which nows serves as home to a number of city offices.
...