|
2022 ATM,2022-1 STM APPROPRIATION COXMTTEE 21 MARCH 2022
<br /> General Government (8000)
<br /> General Government covers six different budgeting units. The recommended appropriation of $8,844,311
<br /> represents a 8.51%increase from the FY2022 restated budget.
<br /> Program 8000 General Government FY2022 FY2023 $ %
<br /> Restated Budget Change Change
<br /> 8100 Select Board $ 1,259,808 $ 1,298,802 $ 38,994 3.10%
<br /> 8200 Town Manager $ 1,529,243 $ 2,072,175 $ 542,932 35.50%
<br /> 8300 Town Committees $ 65,233 $ 70,160 $ 4,927 7.55%
<br /> 8400 Finance $ 2,004,608 $ 2,048,151 $ 43,543 2.17%
<br /> 8500 Town Clerk $ 502,431 $ 627,297 $ 124,866 24.85%
<br /> 8600 Information Technology $ 2,789,292 $ 2,727,727 $ (61,565) (2.21)%
<br /> TOTAL $ 8,150,615 $ 8,844,311 $ 693,696 8.51%
<br /> The primary driver of the total net increase of$693,696 is the Salary Adjustment Account, line 8230 in the Town
<br /> Manager's budget. The amount budgeted for this item varies from year to year depending on the status of collective
<br /> bargaining settlements, other anticipated wage increases, and compensated leave payments due certain employees
<br /> at retirement. Nine employee union contracts will expire by the end of FY2022, including those with the Lexington
<br /> Police Supervisors and Patrol Officers, Dispatchers, Firefighters, Town Custodians, Crossing Guards, Municipal
<br /> Managers and Municipal Clerks.
<br /> An additional driver is the Town Clerk's obligation to administer the state primary in September 2022 and the state
<br /> general election in November 2022.
<br /> Article 5 Appropriate FY2023 Enterprise Funds Budgets
<br /> Funds Requested Funding Source Committee Recommendation
<br /> $11,127,383 Water EF
<br /> $10,953,238 Wastewater EF Approve (8-0)
<br /> $3,138,993 Recreation EF
<br /> This article addresses the appropriation of funds for the operation of the Town's three enterprise funds: the Water
<br /> Enterprise Fund, the Wastewater Enterprise Fund, and the Recreation Enterprise Fund.' Enterprise funds allow a
<br /> municipality to account separately for certain "business operations"in which a fee is charged in exchange for goods
<br /> or services, and may or may not receive support from the tax levy. For an overview of the legal framework and
<br /> accounting concepts that apply to the operation of an enterprise fund,please see Appendix B.
<br /> The operating and capital costs of the Water and Wastewater enterprises are funded exclusively by rates and fees
<br /> charged to users, with no support from the tax levy or General Fund. The operating costs of the Recreation Fund
<br /> enterprise are funded to the extent feasible by user fees, but also receive subsidies from the General Fund.
<br /> Recreation capital projects are funded from the Community Preservation Fund whenever feasible, and in certain
<br /> instances from the Recreation Fund's retained earnings or the General Fund.
<br /> Water and Wastewater Enterprise Funds
<br /> A breakdown of the funding request for the Water and Wastewater Enterprise Funds, and changes from the prior
<br /> fiscal year, are shown below. Further details may be found in the Brown Book, pp. V-27, 31. Although most of the
<br /> costs in the water and wastewater operating budgets are appropriated under Article 5, certain others—including
<br /> "indirect expenses" (for support services provided by other Town departments), cash to be raised in the rates in
<br /> FY2023 for continuous system capital improvements, and contributions to the post-employment health benefits
<br /> (OPEB) fund—are addressed in other articles as indicated in the table.
<br /> ' Capital appropriations for the enterprise funds are addressed in Articles 10(CPA), 11 (Recreation Capital), 12(Municipal
<br /> Capital), 13 (Water System Improvements)and 14(Wastewater System Improvements).
<br /> 17
<br />
|