2008-11-17-SPTM-AC-rpt - Laserfiche WebLink

Browse Search

APPROPRIATION COMMITTEE REPORT, NOVEMBER 17, 2008 STM Warrant Article Analysis and Recommendations Article 2• Zoning Bylaw, Funds Funding Committee CRO and RO to CD 95- Requested Source Recommendation 99 Hayden Avenue, 124- 128 Spring Street None n/a not applicable The proponents, i.e., the Beal Companies, have requested that this article be indefinitely postponed; thus we make no recommendation. Before we received notice of the intent to postpone this article, we were reviewing the fiscal impact analysis presented by John Connery and Associates on behalf of the proponents, and we were considering both the scope and nature of a possible recommendation. If the rezoning is brought to the 2009 Annual Town Meeting, we will build on our work to date and issue a substantive report at that time. Article 3: Amend FY2009 Funds Funding Committee 0 eratin Bud et p g g Requested Source Recommendation $457,760 GF Approve (9-0) $134,050 Transfer between line items; $0 net impact This article allows an opportunity to make adjustments to the current fiscal year budget appropriated at last spring's town meeting. These adjustments, detailed below, fall into three general categories: (1) expenses that are running above budget, i.e., fuel costs; (2) new expenses that have arisen since the budget was appropriated. i.e., replacement of the kitchen equipment at the COA; and (3) accounting/budgeting corrections, i.e., transferring funds from the school operating budget to the public facilities budget for school phone services - now a function of the public facilities department. With the exception of the transfer between the school budget and the public facilities budget, the funding source for all of the expense adjustments detailed below is a combination of increased state aid and additional new growth over and above what was estimated last spring. See Appendix A for details of the FY2009 revenue adjustments that will be finalized when Lexington's tax rate is certified in December. The adjustments are: $ 24,000 increase to 4100 Law Enforcement Personal Services to fully fund the School Resource Officer position at $48,000. This is a housekeeping measure to reflect the policy for the last two years of funding this position through the police budget. $ 8,000 increase to 2400 Public Facilities to fund replacement of kitchen equipment at the COA. This need was identified during a Health Department inspection this past summer. $ 50,000 increase to 8210-8220 Town Manager Expenses to supplement the budget for labor counsel services, bring the total appropriated for this purpose to $79,000. This expense item has run over budget due to ongoing labor negotiations. $ 40,000 increase to 7200 Planning Expenses to fund a traffic study for Hartwell Avenue. Page 5 of 15