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2021-11-08-AC-STM-rpt
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2021-11-08-AC-STM-rpt
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12/14/2022 4:25:37 PM
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11/1/2021 11:40:48 AM
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2021
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Appropriation Committee
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Town Clerk
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Report - AC - Appropriation Committee - STM APPROPRIATION COMMITTEE REPORT TO THE 2021-1 SPECIAL TOWN MEETING
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2021-1 STM APPROPRIATION COMMITTEE I NOVEMBER 2021 <br /> Preface <br /> This preface describes the structure and stylistic conventions used in this report. It is followed by an intro- <br /> duction discussing changes in the Town's financial status since the 2021 Annual Town Meeting,along with <br /> issues pertinent to the Town's general financial situation. The main body of this report contains article-by- <br /> article discussions and recommendations on those articles that, in our opinion, have substantial financial <br /> relevance. <br /> The discussion for each article presents the prevailing view of the Committee, as well as any other consid- <br /> erations or cautions that we feel Town Meeting should be informed of If one or more Committee members <br /> are strongly opposed to the majority position,we summarize the opposing perspective. Each article discus- <br /> sion concludes with the most recent vote of the Committee prior to publication. The vote is summarized by <br /> the number of members in favor,followed by the number of members opposed,and lastly(when applicable) <br /> the number of members abstaining, e.g., "(6-2-1)" indicates six members in favor, two opposed, and one <br /> abstaining. It is not always possible to collect a complete vote for every article from nine voting members. <br /> In such instances,the total number of votes and abstentions published will be less than nine. For conven- <br /> ience, Committee votes are also summarized on the preceding pages. <br /> This report does not replicate information readily available to Town Meeting members elsewhere. Key <br /> documents that inform our analysis and provide a more thorough picture of the Town finances are: <br /> • The Town Manager's Fiscal Year 2022 Recommended Budget & Financing Plan (the "Brown <br /> Book"),dated February 22,2021,fully describes the annual budget of the Town. The Brown Book <br /> also summarizes budget laws and bylaws (Appendix B) and includes a glossary of financial terms <br /> (Appendix D). <br /> • The Level Service and Recommended Budget of the Superintendent ofSchools,as presented January <br /> 5, 2021 (hereafter the "LPS Budget Book",which details the budget plan for the Lexington Public <br /> Schools. <br /> • Capital Expenditures Committee (CEC)Report to the 2021 Annual Town Meeting,which provides <br /> recommendations on appropriation requests for capital projects. <br /> • Community Preservation Committee (CPC) Report to the 2021 Annual Town Meeting,which de- <br /> tails requests approved by the CPC and funded using revenue from the CPA surcharge. <br /> The LPS Budget Book is available online at: <br /> https://sites.google.com/lexingtonma.org/Ips-finance-and-operations/fy-22-budget <br /> All other reports for this Town Meeting will be available online at: <br /> https://www.lexingtonma.gov/town-meeting/pages/special-town-meeting-2021-1 <br /> Acknowledgements <br /> The content of this report,except where otherwise noted,was researched,written and edited by Committee <br /> members who volunteer their time and expertise,and with the support of Town staff.We have the pleasure <br /> and the privilege of working with Town Manager James Malloy; Assistant Town Manager for Finance <br /> Carolyn Kosnoff(an ex officio member of our Committee); Budget Officer Jennifer Hewitt; the Capital <br /> Expenditures Committee;the Community Preservation Committee;the School Committee;the Permanent <br /> Building Committee;the Planning Board; Superintendent of Schools Dr. Julie Hackett;Assistant Superin- <br /> tendent for Finance and Operations David Coelho;and the Lexington Select Board.We thank the municipal <br /> and school staff, Town officials,boards and volunteers who have contributed time and expertise to help us <br /> prepare this report. Last but not least,we thank Sara Arnold,who records and prepares the minutes for our <br /> meetings. <br /> 1 <br />
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