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2/25/2016 AC Minutes Mr. Parker reported that proponents for ATM Article 16: Appropriate for Advice and Analysis – Getting to Net Zero, have volunteered to attend an Appropriation Committee meeting and answer questions. There was a review of the list and the assignments. Changes were made. 3.Funding of School Capital Articles, Debt ExclusionReferendum Strategy: With respect rd to the anticipated debt exclusion referendum, tentatively scheduled for May 3,totaling approximately $80 millionfor various school-related capital projects, Mr. Bartenstein suggested that consideration be given to using funds from the Capital Stabilization to lower the amount borrowed, as opposed to saving those funds for use at a future date to “shave” the required principal and interest payments. There was a brief discussion about how the Capital Stabilization Fund might be used to help offset the financial impact on the taxpayers. It was noted thatdebt exclusion question(s) request support for project(s), not an amount of money. The actual cost to the taxpayer isn’t known until a bond is issued for the project(s). 4.Future Agenda Items: Mr. Parker commented that there are only three more meetings of this Committee prior to Town Meeting. It was agreed that future agendas should include: Pat Goddard, Director, Department of Public Facilities, to discuss capital projects; Adraft memo, discussed at previous meetings, relating to school projects and offering suggestions to the School Committee; The structure of adebt exclusion referendum. The Committee adjournedat 9:28p.m. The documentsused at the meeting arelistedbelow. Respectfully submitted, Sara Arnold Recording Secretary Approved March 23, 2016 Exhibits 1.Agenda,posted by Glenn Parker, Chair 2.Table listing ATM Articles, assignments, and suggested consent agenda items; prepared by Mr.Parker 2