2014-Annual Report - Laserfiche WebLink

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November 4, 2013 Special Town Meeting ARTICLE 1: REPORTS OF COMMITTEES Reports of Town Manager Carl Valente and chairs of the Appropriation Committee and Capital Expenditures Committee. ARTICLE 2: AMEND FY 2014 OPERATING, ENTERPRISE FUND AND COMMUNITY PRESERVATION BUDGETS MOTION: a) that the appropriations for FY2014 authorized under Article 4 of the 2013 Annual Town Meeting be amended as follows and that said amounts be raised in the tax levy: Line Item Description From To 1100 Lexington Public Schools $81,313,963 $81,400,507 8400 Financial Personal Services $1,263,064 $1,223,064 8400 Finance Expenses $ 438,945 $ 478,945 8500 Town Clerk Personal Services $ 310,955 $ 340,255 8500 Town Clerk Expenses $128,775 $153,975 1) 2) That the appropriations for FY2014 authorized under Article 5(a) of the 2013 Annual Town Meeting for the current fiscal year's water enterprise fund be amended as follows: Description From I To MWRA Assessment $ 5,565,492 $ 5,555,065 TOWN CAF LFXIXGTON 11 For the acquisition, creation, preservation, re- $ 466,996 $ 549,423 habilitation and restoration of historic resources $ 7,039,2661 $ 7,014,300 For the creation, preservation and support of $ 466,996 $ 549,423 community housing c Unbudgeted Reserve $ 3,268,970 $ 3,845,961 Unanimously Adopted. ARTICLE 3: ESTABLISH AND APPROPRIATE TO AND FROM SPECIFIED STABILIZATION FUNDS MOTION: That $1,799,240 be appropriated to the Cap- ital Project/Debt Service Reserve /Building Renewal Sta- bilization Fund, and to meet this appropriation $1,799,240 be raised in the tax levy. That $11,632 be appropriated to the Transportation De- mand Management/Public Transportation Stabilization Fund, and to meet this appropriation $11,632 be trans- ferred from the TDM special revenue account. That $28,500 be appropriated to the Traffic Mitigation Stabilization Fund, and to meet this appropriation $28,500 be transferred from the TDM special revenue account. Unanimously Adopted ARTICLE 4: APPROPRIATE FOR MODULAR CLASSROOMS AT THE HIGH SCHOOL and that the $300,000 of water fund retained earn- MOTION: That $7,700,000 be appropriated for the ings appropriated at the 2013 Annual Town Meeting purchase and installation of modular classrooms at the to support the FY2014 water enterprise fund budget be supplemented with an additional appropriation of $200,000 of water fund retained earnings. That the appropriations for FY2014 authorized under Article 5(b) of the 2013 Annual Town Meeting for the current fiscal year's wastewater enterprise fund be amended as follows: Description From To MWRA Assessment $ 7,039,2661 $ 7,014,300 That, in accordance with the recommendation of the Community Preservation Committee, the Town amend the amounts reserved for appropriation, as approved under Article 8 of the 2013 Annual Town Meeting, from revised estimated receipts, as follows: Description From To For the acquisition, creation and preservation of $ 466,996 $ 549,423 open space excluding land for recreational use High School and all incidental costs related thereto, and that to meet this appropriation the Treasurer, with the ap- proval of the Board of Selectmen, is authorized to borrow $7,700,000 under M.G.L. Chapter 44, Section 7(9), or any other enabling authority. Two- ThirdsAdopted. ARTICLE 5: APPROPRIATE FOR RENOVATIONS TO BUILDINGS TO BE ACQUIRED AT 39 MARRETT ROAD MOTION: That $3,169,000 be appropriated for design, engineering and remodeling, reconstructing and making extraordinary repairs to buildings at 39 Marrett Road to be acquired by the town and that to meet this appropriation $602,756 be appropriated from the Historic Resources Re- serve of the Community Preservation Fund, $1,984,118 be appropriated from the Unbudgeted Reserve of the Community Preservation Fund, $259,310 be ap- propriated from Undesignated Fund Balance of the Com- munity Preservation Fund, and $322,816 be appropriated from the General Fund Unreserved Fund Balance. Unanimously Adopted.