1999-03-01-TE-Warrant-and-1999-03-22-STM-and-ATM-Warrants

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ARTICLE 25 SUPPLEMENTARY APPROPRIATIONS FOR AUTHORIZED CAPITAL IMPROVEMENT PROJECTS To see if the Town will make supplementary appropriations to be used in conjunction with money appropriated in prior years for the installation or construction of water mains, sewers and sewerage systems, drains, streets,buildings, recreational facilities, or other capital improvements that have heretofore been authorized; determine whether the money shall be provided by the tax levy, by transfer from available funds, including enterprise funds,by borrowing, or by any combination of these methods; or act in any other manner in relation thereto. (Inserted by the Board of Selectmen) FUNDS REQUESTED: Unknown at press time. DESCRIPTION: This is an annual article to request funds for capital improvement project expenditures that exceed the level of appropriation. CAPITAL AND OTHER FINANCIAL ARTICLES ARTICLE 26 CAPITAL PROJECTS AND EQUIPMENT To see if the Town will vote to appropriate a sum of money for the following capital improvements: (a) Town Building Envelope Program; (b) Landfill Closure Design; (c) Street Related Improvements; (d) Public Works Equipment; (e) Fire Department Ladder Truck; (f) Playgrounds and Recreation Facilities Improvements; and determine whether the money shall be provided by the tax levy, by transfer from available funds, including enterprise funds, by borrowing, or by any combination of these methods; authorize the Selectmen to apply for, accept, expend and borrow in anticipation of state aid for such capital improvements; or act in any other manner in relation thereto. (Inserted by the Board of Selectmen) FUNDS REQUESTED: Unknown at press time. DESCRIPTION: Discussion around last year's Article 42 focused on the concept of capital renewal funding for maintaining existing assets, as distinguished from funding new or significantly expanded assets. It was proposed to request routine maintenance funding for existing assets in a single article both to give it priority in the budgeting process and to allow capital discussions to focus on other, more difficult or controversial financial decisions. This article implements this concept for most non-school, non-enterprise capital renewal requests for FY2000. Cash capital funding in the proposed budget is significantly lower than total requests because of budget constraints. 19