2013-05-09-AC-min - Laserfiche WebLink

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May 9, 2013 Minutes 3. Article 2, Spring 2013 Special Town Meeting: Mr. Addelson reported that the Special Town Meeting motion on Article 2, approving the purchase of the Marrett Road property, did not correctly identify the intended source of the funds to be appropriated. The motion said that $3,560,000 would come from the tax levy while it should have said approximately $1 million would come from the tax levy and $2.5 million would come from the unreserved fund balance (free cash). This doesn't invalidate the article but it could result in demands on the general fund that exceed the estimated revenue, which would create difficulties in setting the tax rate if not mitigated. If revenue from new growth comes in higher than currently estimated by $2,500,000 or more, this could potentially alleviate the problem, but this is, at best, a remote possibility. Mr. Addelson plans to pursue adjusting the wording at a special town meeting prior to December, either on June 17 or at a fall special town meeting. 4. Selectmen's Goal Setting: Mr. Parker said that he would like suggestions for the Selectmen's FY2014 goal setting submitted to him by 5 p.m. on Saturday, May 11. Ideas identified during the meeting were: • Making adjustments to the Senior Tax Incentive Program (this may be addressed at the Selectmen's May 20 meeting) • Funding for Other Post Employment Benefits (OPEB) • In -house legal services • Participation of the finance committees in discussions with the Board in regard to tax rates and tax relief, perhaps at an early financial summit meeting. 5. Minutes: There was a motion to approve the minutes for March 18, 20, 21, and 27, and April 1, 3, and 8 with technical corrections being incorporated. The motion passed. VOTE: 5 -0 6. Next Meeting: The next meeting was scheduled for June 5, although it was recognized that an earlier meeting may be necessary if a special town meeting is planned for June 17. 7. Adjournment: The meeting was adjourned at 9:38 p.m. A list of documents and other exhibits used at the meeting is attached. Respectfully submitted, Sara Arnold Recording Secretary Approved June 6, 2013