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APPROPRIATION COMMITTEE REPORT TO NOVEMBER 2011 STM This Preface describes the structure and stylistic conventions used in this r. It is followed by an In- troduction discussing changes in the Towns financial status since the mostTown Meeting in May 2011, and issues pertinent to the Towns general financial situation. The main body of this report contains article-by-article discussions and recommendations on those articles that, in our opinion, have substantial financial relevance. The discussion for each article presents the consensus view of tn- siderations or cautions that we feel Town Meeting should be info committee members are strongly opposed to the majority position, we summarize the opposing perspec- tive. Each Article discussion concludes with the most recent votication. This is summarized by the number of members in favor, followed by the number of members opposed, and lastly (when applicable) the number of members abstaining, e.g. (6-2-1) indicates six members in favor, two opposed, and one abstaining. For convenience, Committee votes are also summarized on the preceding page. This report does not replicate information readily available to Town Meeting members elsewhere. Key documents that inform our analysis and provide a more thorough picture of the Town finances are: , dated February 28, 2011, commonly known as FY2012 Recommended Budget & Financing Plan the Brown Book, which documents the complete municipal budget of the Town of Lexington. The Brown Book also summarizes budget laws and bylaws (Appendix of financial terms (Appendix D). commonly known as Fiscal Year 2012 School Committee Annual Town Meeting Budget Request, the Blue Book, which details the budget plans for the Lexingto (November 2011), published by the Town Meeting Members TMMA Warrant Information Report Association. Capital Expenditures Committee (CEC) Report to the 2011 Special Town Meeting. Community Preservation Committee Report to the 2011 Annual Town Meeting. Acknowledgements The content of this report, except where otherwise noted, was re of the Committee with support from town staff. Our Committee has the pleasure and the privilege of working with Town Manager, Carl Valente; Assistant Town Manager for Finance, Rob Addelson; our new Budget Officer, Theo Kalivas; the Capital Expenditures Committee; the Community Preservation Committee; the School Committee; the Superintendent of Schools, Paul Ash; the Assistant Superin- tendent for Finance and Operations, Mary Ellen Dunn; and the Boaunic- ipal and school staff, Town officials, boards and volunteers who have contributed time and expertise in support of our work. Page 3