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July 26, 2006 <br />a recognition that at times this policy will conflict with other policies such as maintaining <br />town services. <br /> <br />5. We were given a heads up that the schools were having trouble balancing their books <br />to close out FY2006, with a possible overrun of several 10s of thousands of dollars. <br /> <br />6. We were also given a heads up that the FY2007 State aid may come in approximately <br />$700k higher than expected. <br /> <br />The meeting was adjourned at 9:42 . <br />PM <br /> <br />Respectfully submitted, <br /> <br />Rod Cole <br /> <br />Approved September 14, 2006 <br />Page 2 of 2 <br />