2015-11-02 STM#1-STM#2-min - Laserfiche WebLink

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December 2, 2015 Adjourned Session of the 2015 November Special Town Meeting#1 8:54 p.m. Presented by Selectman Joseph Pato. ARTICLE 7: AMEND FY16 OPERATING,ENTERPRISE FUND AND COMMUNITY PRESERVATION BUDGETS MOTION: a) That the following adjustments be made to the following line items of the FY2016 Operating Budget as approved under Article 4 of the 2015 Annual Town Meeting: Line Item Program From To 8330 Public Celebrations Committee $ 42,000 $ 48,000 3100-3500 DPW Expenses $4,985,157 $ 4,995,157 2400 Facilities $9,899,631 $10,078,631 2230 Temporary Borrowing $ 623,135 $ 1,102,743 and,further that said adjustments be financed from an appropriation of$479,608 from the General Fund Unreserved Fund Balance and the remaining amounts be raised in the tax levy. b)That the following adjustment be made to the following line item for the FY2016 Water Division Budget as approved under Article 5(a)of the 2015 Annual Town Meeting: Description From To Debt Service $1,415,508 $1,344,114 and,further that$75,000 be appropriated from Water Fund Retained Earnings to support the FY16 Water Division Budget. c) That the following adjustments be made to the following line items for the FY2016 Wastewater Division Budget as approved under Article 5(b)of the 2015 Annual Town Meeting: Description From To Debt Service $ 940,679 $1,060,456 MWRA Assessment $7,041,716 $6,970,176 and,that said adjustments be financed from wastewater receipts. 8:55 p.m. Selectman Joseph Pato requested the Moderator recognize Town Manager,Carl Valente,who described the three parts of the motion. 8:58 p.m. Glenn Parker,Pct.3,Chair,Appropriation Committee,reported unanimous support of the Committee. 8:59 p.m. Following electronic vote tallying,the Moderator declared Article 7 Adopted on a vote of: Yes No Abstain 159 0 2 9:00 p.m. Presented by Selectman Michelle Ciccolo. ARTICLE 8: ESTABLISH TO AND FROM SPECIFIED STABILIZATION FUNDS MOTION: That: a) $1,481.44 be appropriated to the Transportation Demand Management Stabilization Fund,and to meet this appropriation$1,481.44 be transferred from the Transportation Demand Management special revenue account; b) $481.45 be appropriated to the Traffic Mitigation Stabilization Fund,and to meet this appropriation$481.45 be transferred from the Traffic Mitigation special revenue account;and c) $87,345 be appropriated to the Transportation Management Overlay District Stabilization Fund,and to meet this appropriation$87,345 be transferred from the Transportation Management Overlay District Stabilization Fund special revenue account. 9:01 p.m. Selectman Michelle Ciccolo presented the requested action and reported the unanimous support of the Board.