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AC–2015ATM
<br />PPROPRIATIONOMMITTEE
<br />FY2015 Appro-FY2016 Recom-
<br />ProgramChange $Change%
<br />priated Budgetmended Budget
<br />
<br />Education$87,868,313$93,263,130$5,394,8176.1%
<br />Shared Expenses $47,352,943$49,978,942$2,625,9995.5%
<br />
<br />Municipal Departments $31,957,312$33,578,271$1,620,9595.1%
<br />
<br />Subtotal Operating Budget $167,178,568$176,820,343$9,641,7755.8%
<br />
<br />Cash Capital $5,958,117 $4,871,905$(1,086,212)-18.2%
<br />Other (Approp. to reserves, misc.)$7,049,726$11,856,862 $4,807,13668.2%
<br />
<br />Total General Fund $180,186,411 $193,549,110$13,362,7017.4%
<br />
<br />Projected Revenue $181,102,361$193,549,110 $12,446,7496.9%
<br />
<br />Surplus/(Deficit) $915,951$0$(915,951)
<br />As always, the Town crafts its budget using assumptions about State funding to expect, primarily in the
<br />form of aid under Chapter 70 (schools) and Chapter 90 (roads). This year the Governor has indicated his
<br />intent to reduce or eliminate some state aid programs. This could impact the School Department budget
<br />beyond the capacity of the $110,000 set-aside in the FY2016 budget for potential reductions in state aid
<br />(see the discussion under Article 4, Program 1100).
<br />As usual, the Committee may choose to update its recommendation on the floor of Town Meeting if new
<br />information is presented.
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