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

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P/7 p We beg to acknowledge your letter of May 14 and answer your two questions as follows: 1. We do not know who the members of the Capital Outlay Committee are. The writer talked with Charlie Ferguson yesterday on the telephone and he has not appointed the Committee. 2. We are certainly in favor of having a policy and plan rela- tive to long-range financial expenditures but rather feel that such plans and policies are as property developed by the Appropriation Committee as by the Board of Selectmen. We would be very glad to meet with your Board at any time and discuss a long-range policy and ways of effectively following it. We think that it is perhaps more difficult to follow a policy of this kind than it is to initially formulate it. You raise the question of "setting aside a reasonable amount each year in a fund which would be available for the purpose of easing future bonded indebtedness and thus stabilizing the tax rate within reason." We would be glad to discuss this with you if it is perfectly legal under some State Statute, and we will look into this latter phase. Very truly yours, S George Emery C airman - Selectmen." It was suggested that when the various sub-committees meet with the department heads that they suggest that the department appropria- tions made for March should be more than adequate to carry them for 1949 without additional transfers. The meeting adjourned at 8:30 P. M. Respectfully submitted, V)' 0i3N1/1_. Secretary