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February 9, 2005 <br /> 1) Reduce the School Budget by $91K with a commitment to try to find revenue or <br />other means of restoring the reduction before Town Meeting (four votes in favor); <br />and <br /> 2) Eliminate the $91K gap by reducing the appropriation to the Stabilization Fund by <br />$91K (four votes in favor). . <br /> <br />The joint meeting reconvened. AL reported the votes of this Committee to the larger <br />group. <br /> <br />After further discussion, the SC voted (3-2) to accept the first option for closing the gap, <br />and the BoS voted (4-1) to recommend the resulting balanced budget to Town Meeting. <br /> <br />The meeting was adjourned at 9:50 PM. <br /> <br />Respectfully submitted, <br /> <br />Alan Levine, Acting Secretary <br /> <br /> <br />Approved June 22, 2005 <br /> <br /> - 3 - <br />