Legacy Banks to Sponsor Retirement Income Luncheon

Print Story | Email Story
PITTSFIELD, Mass. – Legacy Banks will sponsor a free retirement income luncheon on Thursday, July 30, from noon to 1 at Bobby Hudpuckers Restaurant.

The program is specifically geared to GE retirees, but is open to anyone who would benefit from the information. Space is limited, and participants will be registered on a first-come, first-served basis.

The workshop will focus on diversifying a retirement portfolio, supplementing retirement income and exploring other investment vehicles for those who may have too much of a single stock and may be facing dividend reductions. The program is presented by the professionals of Legacy Portfolio Management. Those interested in attending should call 800-292-6634 with questions or to reserve a space.

Investment products and services are offered through Infinex Investments Inc., a member of FINRA/SIPC. Insurance products are offered through Infinex Insurance Agency of Massachusetts Inc. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States, and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.
If you would like to contribute information on this article, contact us at info@iberkshires.com.

Pittsfield Council Gives Preliminary OK to $82M School Budget

By Brittany PolitoiBerkshires Staff

State Rep. Tricia Farley-Bouvier, with Superintendent Joseph Curtis, says the Student Opportunity Act if fully funded this year. 

PITTSFIELD, Mass. — The City Council left no stone unturned as it took four hours to preliminarily approve the school budget on Monday. At $82,885,277, the fiscal year 2025 spending plan is a $4,797,262 — or 6.14 percent — increase from this year.

It was a divisive vote, passing 6-4 with one councilor absent, and survived two proposals for significant cuts.  

"I think we have fiduciary responsibility to the citizens of Pittsfield and to have a budget that is responsible, taking into consideration the huge increase in taxes that it had the last couple of years, the last year in particular," said Councilor at Large Kathy Amuso, a former School Committee chair, who unsuccessfully motioned for a $730,000 reduction.

Ward 1 Councilor Kenneth Warren responded with a motion for a $250,000 cut, which failed 5-5.  

The Pittsfield Public School budget is balanced by $1.5 million in cuts and includes about 50 full-time equivalent reductions in staff — about 40 due to the sunsetting of federal Elementary and Secondary School Emergency Relief funds. With 27 FTE staff additions, there is a net reduction of nearly 23 FTEs.

This plan does not come close to meeting the needs that were expressed throughout the seven-month budget process, Superintendent Joseph Curtis explained, but was brought forward in partnership with all city departments recognizing that each must make sacrifices in financial stewardship.

"With humility, I address the council tonight firmly believing that the budget we unveiled was crafted admits very difficult decisions, struggles, along with some transformative changes," he said.

"It is still important though that it did not even come close to accommodating the urgent requests we received throughout the entire budget process."

View Full Story

More Pittsfield Stories