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DESCRIPTION: This article requests funds for the FY2014 (July 1, 2013 —June 30, 2014)
<br /> operating budget. The operating budget includes the school and municipal budgets. The
<br /> operating budget also includes requests for funds to provide salary increases for employees,
<br /> including salaries negotiated through collective bargaining negotiations. The budget also
<br /> includes certain shared costs. Appendix A lists, by account, FY2011 and FY2012 actual
<br /> expenditures, FY2013 current appropriations and the preliminary FY2014 recommended
<br /> appropriations. Please note that figures for FY2013 have been restated to reflect the
<br /> funding of negotiated salary agreements.
<br /> ARTICLE 5 APPROPRIATE FY2014 ENTERPRISE FUNDS BUDGETS
<br /> To see if the Town will vote to appropriate a sum of money to fund the operations of the DPW
<br /> Water and Wastewater Divisions and the Recreation Department; determine whether the money
<br /> shall be provided by the estimated income to be derived in FY2014 from the operations of the
<br /> related enterprise, by the tax levy, by transfer from available funds, including the relevant enterprise
<br /> fund, or by any combination of these methods; or act in any other manner in relation thereto.
<br /> (Inserted by the Board of Selectmen)
<br /> FUNDS REQUESTED:
<br /> FY2012 FY2013 FY2014
<br /> Enterprise Fund Actual Appropriated Requested
<br /> a) Water
<br /> Personal Services $603,565 $647,687 $667,183
<br /> Expenses $386,158 $389,590 $395,200
<br /> Debt Service $1,233,364 $1,299,091 $1,260,655
<br /> MWRA Assessment $5,049,999 $5,153,351 $5,668,686
<br /> Total Water Enterprise Fund $7,273,086 $7,489,719 $7,991,724
<br /> b) Wastewater
<br /> Personal Services $201,519 $276,183 $292,711
<br /> Expenses $335,323 $333,200 $337,100
<br /> Debt Service $918,213 $956,855 $1,131,673
<br /> MWRA Assessment $6,802,875 $7,032,394 $7,735,633
<br /> Total Wastewater Enterprise Fund $8,191,551 $8,598,632 $9,497,117
<br /> c) Recreation
<br /> Personal Services $594,026 $645,044 $677,799
<br /> Expenses $944,807 $1,018,584 $1,008,041
<br /> Debt Service $131,500 $130,600 $100,000
<br /> Total Recreation Enterprise Fund $1,670,333 $1,794,228 $1,785,840
<br /> DESCRIPTION: Under Massachusetts General Laws Chapter 44, Section 53F1/2, towns
<br /> may establish Enterprise Funds for a utility, health care, recreation and transportation
<br /> facility, with its operation to receive related revenue and receipts and pay expenses of such
<br /> operation. This article provides for the appropriation to and expenditure from three
<br /> enterprise funds previously established by the Town.
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