1949-06-06-AC-MIN.pdf - Laserfiche WebLink

Browse Search

It perhaps, should be stated that the amount of work involved in both the salary and special fee categories has increased very sub- stantially during the past several years to an extent consistent with the growth of the Town and the resulting problems. Very truly yours, S/Daniel A. Lynch" Following is copy of letter to Selectmen on Long-range planning: "George E. Emery, Chairman May 14 , 1949 Board of Selectmen Town Office Building Lexington, Massachusetts Dear George: At a meeting of the Appropriation Committee held on May 9, 1949 it was voted to ascertain if possible from the Board of Selectmen the following information: 1. Who are the members of the Capital Outlay Committee that was set up by Town Meeting vote of March 21, 1949? We realize the Moderator was to appoint this Committee, but thought you would have this information as the Town Clerk says he does not have it. 2. What are the policies and plans of the Board of Select- men relative to long-range financial planning? The Appropriation Committee believes, in all fairness to the tax- payer, that some program of financing should be adopted for the following reasons: 1. To avoid if possible excessive bonded indebtedness in any one particular year. 2. To stabilize the tax rate in some manner so that it will not fluctuate to any great degree due to major construction factors. We are unanimous in the opinion that the Town should set aside a reasonable amount each year in a fund which would be available for the purpose of easing future bonded indebtedness and thus stablizing the tax within reason. Very truly yours, Howard A. Patterson aha man.� Following is copy of letter received from Board of Selectmen: "Appropriation Committee May 17, 1949 Town of Lexington Lexington 73, Massachusetts Att. Mr. Howard Patterson Dear Howard: