2022-11-01-AC-STM#3-rpt - Laserfiche WebLink

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2022-3 STM APPROPRIATION COXMTTEE 25 OCTOBER 2022 As usual, the fiscal year 2023 budget for the Commonwealth of Massachusetts was not approved until after the 2022 Annual Town Meeting. Changes in the State's final budget increased the Town's revenue from State Aid by about$290,000. The FY2022 budget set aside $400,000 for potential snow removal expenses this past winter that were not needed, and this amount will be available for appropriation. Finally, as of publication the Town has received $76,256 as part of a legal settlement following a multi-state lawsuit against prescription opioid manufacturers and distributors. The Town will receive further payments over the next eighteen years, eventually totaling to about $1 million, including an additional $150,000 payment expected during the current fiscal year. Opioid settlement payments that have been received before the motion is taken up at this special town meeting will be appropriated under Article 9. Updates This report presents the official positions of the Committee as of the date of publication. The Committee will continue to meet as necessary prior to and during Town Meeting and it may revise its official positions based on new or updated information. The Committee also reports orally to Town Meeting on each article. The oral report summarizes the Committee's final recommendation. 2