Laserfiche WebLink
Breadcrumb Navigation:
October 24, 2005 <br />After presentations were complete, this Committee took a poll and unanimously <br />supported the School Committee’s request for $847,396 under Article 5. <br /> <br />Eric M. asked whether the motion under Article 5 to reduce the Minuteman line item by <br />$57,000 would cause an unintentional disapproval of the Minuteman assessment. Carl <br />Valente (Lexington Town Manager) answered that was not the case. <br /> <br />Alan L. asked: 1) if it was within the scope of the warrant to add the Minuteman <br />reduction to Article 5 (the answer was yes); 2) if the School Lunch revenue would have <br />to be appropriated (the answer was no); and 3) what was the worst-case estimate for <br />potential energy overruns (the answer was $50,000). <br /> <br />Deborah B. expressed her belief that even though Article 6 would be indefinitely <br />postponed, it was very important that a complete explanation of the particulars of the <br />switching of expenditures be taken given at the STM. <br /> <br />The following items that were relative to the FY2007 budget process were discussed: <br /> <br />a. The $254,000 NSTAR rebate for the Harrington School project was assumed in <br />the current cost projections, but will have to be appropriated at the ATM. <br /> <br />b. A schedule of budget creation dates will be created and forwarded. <br /> <br />c. The next summit is scheduled for 11/30/05 @ 5 . <br />PM <br /> <br />7. The Summit concluded and this Committee recessed at 7:33 . At 7:41 , the <br />PMPM <br />meeting reconvened in Town Office Bldg. Room 111. <br /> <br />8. Deborah B. moved that we support the request for $847,396 under Article 5. The <br />motion was approved 7-0. Questions still exist as to what the School Committee would <br />cut if this request were not approved by Town Meeting. <br /> <br />9. There was a discussion about the viability and the advisability of creating stabilization <br />funds for SPED and energy, and comparing these overages with the annual overage for <br />Snow and Ice removal. It was pointed out that the S&I overages are allowed by law and a <br />mechanism exists just for that purpose. <br /> <br />The meeting was adjourned at approximately 8 . <br />PM <br /> <br />Respectfully submitted, <br /> <br />Eric Michelson <br /> <br /> <br />Approved December 15, 2005 <br /> - 3 - <br />